Citing instances of illegal “naked” short selling, South Korea’s banned short selling through June 2024. American depositary receipts of South Korean companies jumped on Monday, before giving back those gains in trade this morning.  ( 1 min )

U.S. equities extended their rally midday on Tuesday, Nov. 7, 2023 as tech stocks gained and Treasury yields fell after the latest earnings and amid optimism the Fed might not raise interest rates further to fight inflation.  ( 1 min )

Stock futures were mostly lower in premarket trading Tuesday, threatening to end a six-day-long equities rally, while bond yields whipsawed and the dollar climbed.  ( 1 min )

ADRs of Swiss banking giant UBS surged after it reported growth in its wealth management business despite a quarterly loss, and WeWork filed for bankruptcy. Here’s what investors need to know today.  ( 1 min )

Investors plowed into bets against U.S. Treasurys in recent weeks—and now they're likely paying for it.  ( 1 min )

The S&P 500 rose 0.2% on Monday, Nov. 6, 2023, ahead of some of the last major corporate earnings reports for the third quarter.  ( 1 min )

Bumble founder Whitney Wolfe Herd will resign as CEO of the company, effective January 2.  ( 1 min )

A whole loan is a single loan that a lender has issued to a borrower. Many lenders choose to package and sell their whole loans in the secondary market, which allows for active trading and market liquidity.  ( 22 min )

Learn about capitalization structure and how the combination of debt and equity a company uses to fund operations can affect its profitability.  ( 23 min )

Citing instances of illegal “naked” short selling, South Korea’s banned short selling through June 2024. American depositary receipts of South Korean companies jumped on Monday, before giving back those gains in trade this morning.  ( 19 min )

Non-recourse finance is a type of commercial loan requiring only repayment based upon proceeds generated from the project funded by the loan.  ( 22 min )

Retirement experts often tout the 10% rule: Save 10% of your income for a comfortable retirement. The truth is that most people need to save far more.  ( 28 min )

Gross earnings from an accounting perspective is the amount of revenue left over after the cost of goods sold is deducted.  ( 22 min )

It is possible—but difficult—to get a $100,000 personal loan. Even the best personal loan providers don’t typically offer loans of more than $50,000.  ( 24 min )

U.S. equities extended their rally midday on Tuesday, Nov. 7, 2023 as tech stocks gained and Treasury yields fell after the latest earnings and amid optimism the Fed might not raise interest rates further to fight inflation.  ( 17 min )

The U.S. trade deficit grew for the first time in three months to hit $61.5 billion in September, a 4.9% increase that was higher than the $59.8 billion analysts forecast.  ( 18 min )

TripAdvisor shares surged after posting better-than-expected third quarter results as it sold more travel experiences packages.  ( 17 min )

The Consumer Financial Protection Bureau's proposed rules on financial companies that process transactions could have implications for tech giants such as Apple, Google, Amazon, Meta, Square, and Paypal.  ( 18 min )

Uber missed profit and sales forecasts even as bookings at its mobility and delivery units jumped.  ( 18 min )

A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services.  ( 23 min )

A revolver is a borrower who carries a balance from month to month via a revolving credit line.  ( 23 min )

The 401(k) plan has become the most popular retirement option for U.S. workers. Learn how they work and about the contribution limits for this year.  ( 29 min )

A core liquidity provider acts as a go-between in the securities markets, buying securities from companies and distributing them for resale to investors.  ( 22 min )

The liquidity premium is compensation for investing in assets that cannot be easily converted into cash at fair market value.  ( 24 min )

More and more people are falling behind on their credit card and car loans, especially people in their twenties and thirties, data from the Federal Reserve Bank of New York showed Tuesday.  ( 19 min )

Office space rental company WeWork filed for bankruptcy, with the company indicating it would continue to operate as it renegotiates its leases and debt obligations.  ( 17 min )

Find out how analyzing the price-to-cash-flow ratio can help you make batter investment decisions.  ( 23 min )

Amid a cloudy economic outlook, banks are getting choosier about who they lend money to and on what terms—with many lenders rejecting more credit applications for people with just okay credit scores.  ( 18 min )

Learn about some little-known features that will help you get the most out of your IRA retirement savings account.  ( 30 min )

Discover how time and compounded growth of earnings can help even a modest 401(k) balance grow to a significant sum over 20 years.  ( 26 min )

The information ratio (IR) measures portfolio returns and indicates a portfolio manager's ability to generate excess returns relative to a given benchmark.  ( 24 min )

ADRs of Swiss banking giant UBS surged after it reported growth in its wealth management business despite a quarterly loss, and WeWork filed for bankruptcy. Here’s what investors need to know today.  ( 18 min )

With tax-advantaged retirement plans, you either make pretax or after-tax contributions, depending on the type of plan. Learn about the pros and cons.  ( 27 min )

Learn what market share is, how to calculate market share, and how to interpret the market share of a company relative to its industry.  ( 24 min )

The popularity of ETFs among investors and advisors continues to grow. But are they a good fit for 401(k) plans?  ( 24 min )

Net income, also called net earnings, is sales minus cost of goods sold, general expenses, taxes, and interest. Learn how it is used in business and taxes.  ( 23 min )

Understand how the Lowe's credit card works, which customers benefit the most, its terms and conditions, and what alternatives are available.  ( 25 min )

Find out about the rewards the Amazon Prime Visa Signature Card offers, how to get it, who qualifies, and alternatives.  ( 28 min )

The conglomerate boom occurred in the period following WWII when many businesses had the money and resources to chase economies of scale.  ( 22 min )

Here is how the Home Depot credit card works, including where and how to apply, where it can be used, interest rates and fees, and the rewards and benefits involved.  ( 26 min )

De olieprijzen zijn dinsdag gedaald naar het laagste niveau sinds augustus, onder andere door zwakke cijfers over de Chinese export. Ook de sterkere dollar zorgt voor druk op de olieprijzen.  ( 9 min )

KLM kampte dinsdagmiddag met een IT-storing in het inchecksysteem op Schiphol. Door de storing konden passagiers op de luchthaven niet inchecken voor KLM-vluchten.  ( 8 min )

Mogelijke gevolgen van klimaatverandering, zoals extreme hitte en hevige neerslag, moeten nadrukkelijker terugkomen in de waarde van een huis bij taxatie en verkoop. Toezichthouder AFM wil het bewustzijn over klimaatrisico's onder huizenkopers vergroten door onder meer een klimaatlabel aan huizen te geven.  ( 10 min )

Wereldwijd komt de wijnproductie dit jaar op het laagste niveau in zestig jaar. In enkele Europese landen zat het weer niet mee en ook oogsten op het zuidelijk halfrond vielen tegen, zegt de internationale brancheorganisatie OIV.  ( 9 min )

Waar betalen partijen hun plannen mee en wat zijn de financiële gevolgen? Dat toetst het onafhankelijke Centraal Planbureau (CPB) sinds 1986 bij alle Tweede Kamerverkiezingen. De kritiek hierop is inmiddels traditie.  ( 12 min )

Mogelijke gevolgen van klimaatverandering, zoals extreme hitte en hevige neerslag, moeten nadrukkelijker terugkomen in de waarde van een huis bij taxatie en verkoop. Toezichthouder AFM wil het bewustzijn over klimaatrisico's onder huizenkopers vergroten door onder meer een klimaatlabel aan huizen te geven.  ( 9 min )

Ongeveer 6 procent van de huishoudens heeft een energiecontract met prijzen die boven het prijsplafond liggen. Dat terwijl vrijwel elke energieleverancier prijzen aanbiedt die onder het plafond vallen. Als het plafond wegvalt, zijn deze mensen in 2024 duurder uit.  ( 10 min )

Eindhoven Airport wil fossiele privévluchten op de luchthaven vanaf 2026 verbieden. Met deze en andere maatregelen wil de luchthaven de CO2-uitstoot en geluidsoverlast naar beneden brengen voor 2030.  ( 9 min )

Prijzen van treinkaartjes en abonnementen van NS stijgen komend jaar toch niet. Eerder riep een Kamermeerderheid het demissionaire kabinet al op om geld uit te trekken om de verwachte prijsstijging van bijna 9 procent te schrappen.  ( 9 min )

De meeste mensen die onlangs minder zijn gaan werken, weten niet welke invloed dat heeft op de hoogte van hun pensioen. Ze kijken naar het veranderende inkomen op dit moment, maar zoeken niet uit wat ze daardoor minder krijgen na hun pensionering.  ( 9 min )

Prijzen van treinkaartjes en abonnementen van NS stijgen komend jaar toch niet. Eerder riep een Kamermeerderheid het demissionaire kabinet al op om geld uit te trekken om de verwachte prijsstijging van bijna 9 procent te schrappen.  ( 9 min )

Nintendo verdient veel geld aan de Super Mario Bros. Movie. Ook de vraag naar het spel The Legend of Zelda: Tears of the Kingdom blijft groot. Het succes van deze titels zorgde voor meer verkopen van games en Switch-consoles.  ( 9 min )

Telecombedrijf KPN is van plan om tot en met 2027 ruim 4,5 miljard euro te investeren in zijn 5G-netwerk, glasvezelnetwerk en kunstmatige intelligentie. Het bedrijf herhaalt dinsdag dat 80 procent van alle huishoudens eind 2026 op zijn glasvezelnetwerk aangesloten zal zijn.  ( 9 min )

UBS, de grootste bank van Zwitserland, heeft in het derde kwartaal van dit jaar zijn eerste kwartaalverlies geleden in bijna zes jaar. Het verlies van 785 miljoen dollar volgt op de samenvoeging met branchegenoot Credit Suisse.  ( 9 min )

De Amerikaanse aanbieder van gedeelde werkplekken WeWork heeft uitstel van betaling aangevraagd. Het is een nieuw dieptepunt voor het bedrijf dat in 2019 nog is gewaardeerd op 47 miljard dollar, maar inmiddels al langere tijd met problemen kampt.  ( 8 min )

De gemiddelde prijzen van onder meer energie, voeding en producten liggen eindelijk lager dan een jaar eerder. Maar wie voordelig uit denkt te zijn, komt bedrogen uit. De inflatie is alleen negatief doordat de energieprijzen een jaar eerder door het dak zijn gegaan.  ( 9 min )

De gemiddelde prijzen van onder meer energie, voeding en producten liggen eindelijk lager dan een jaar eerder. Maar wie voordelig uit denkt te zijn, komt bedrogen uit: de energieprijzen schoten een jaar eerder door het dak.  ( 9 min )

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Microsoft stock has been on fire. A technical measures suggest a pullback could be imminent.  ( 21 min )

Microsoft keeps rising. The software giant's shares, recently up nearly 1.5% at above $361, are on track for a new record high, according to data going back to 1986, when it went publish. It'll set a new standard if it closes above $359.49, according to Dow Jones Market Data. (Its last record close  ( 23 min )

But the company says initial reports of 800 layoffs at the location are unfounded.  ( 34 min )

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Both the overall level of household debt and the share of those that struggled to make timely payments increased last quarter.  ( 27 min )

Demand destruction and weak Chinese export data has put pressure on oil prices, says one analyst.  ( 35 min )

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For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts’ estimates of $544.9 million.  ( 20 min )

Uber posts third-quarter earnings of 10 cents a share on revenue of $9.29 billion. The stock is down nearly 4% in premarket trading.  ( 20 min )

Bitcoin has consolidated around $35,000, but the technical market backdrop remains positive.  ( 22 min )

A combination of high interest rates hitting demand, distributors working through high inventory levels, and a policy change reducing incentives in California, has made it a tough year for solar stocks.  ( 21 min )

Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 24 min )

Alibaba and JD.com were among the stocks falling in Hong Kong trading Tuesday as China’s latest trade data painted a mixed picture for the world’s second-largest economy.  ( 21 min )

Discover how time and compounded growth of earnings can help even a modest 401(k) balance grow to a significant sum over 20 years.  ( 26 min )

"Over the next couple of months, we might equal the fastest drop in inflation in the last century," Goolsbee said in an interview with broadcaster CNBC. "And as long as we're making progress, as I've been saying for a while, the moment of arguing how high should the rate go is going to fade to how long should we keep rates at this level as inflation is coming down." The U.S. central bank last week kept its benchmark interest rate unchanged at between 5.25% and 5.50% but kept the door ajar to raising borrowing costs further to get inflation back down to its 2% target amid a resilient economy.  ( 33 min )

The banking titan could lay off thousands of staffers.  ( 35 min )

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Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 23 min )

For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts’ estimates of $544.9 million.  ( 18 min )

Intel is first in line for a potential multibillion dollar funding package from the government to make microchips for military applications, The Wall Street Journal reported.  ( 21 min )

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Uber Technologies grew its rides and food-delivery businesses in the third quarter while posting its second-ever operating profit, as people continued to use its app to commute and order in. The company projected further growth in the current December quarter. Shares of Uber gained about 1% in pre  ( 24 min )

Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 23 min )

Uber expects adjusted core profit, a profitability measure watched by investors, between $1.18 billion and $1.24 billion. "Consumer demand on our platform remains healthy as we enter the busiest period of the year," CEO Dara Khosrowshahi said in his prepared remarks.  ( 34 min )

(Bloomberg) -- For investors who say Nvidia Corp. is too expensive and the AI hype is overdone, a portfolio manager who trounced all his peers this year has a message — more gains to come. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarTrump Shouts at Judge and Lawyers in Wild Day on Witness StandWall Street Faces ‘Reality Check’ After  ( 35 min )

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WeWork's $3 billion debt for equity swap deal with its creditors marks the latest effort by top shareholder SoftBank to revive the troubled office-space provider and recoup some of the billions it has invested. Whether the bet succeeds now depends on WeWork renegotiating the costly long-term leases it signed during the boom years and is now unable to pay, forcing it to file for bankruptcy on Monday. WeWork's long-term lease obligations of $13.3 billion accounted for more than 70% of its total debt as of end-June.  ( 35 min )

Investors are weighing whether the Fed is really done hiking as policymakers speak out.  ( 38 min )

Investors are weighing whether the Fed is really done hiking as policymakers speak out.  ( 35 min )

Car companies and dealers are slashing thousands off purchase prices to attract wary shoppers.  ( 28 min )

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Oil prices moved lower as a stronger dollar and weak macro sentiment outweighed Chinese trade data that showed crude imports rose in October, ANZ Research said.  ( 25 min )

(Bloomberg) -- Equities in Asia declined as fresh doubts emerged on whether the Federal Reserve has finished tightening policy. The dollar advanced.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandAn Asian equity be  ( 36 min )

Rishi Sunak’s plan to boost energy security by issuing new North Sea licences every year has been cast into doubt by claims Britain will be unable to handle the crude oil.  ( 35 min )

Wall Street is looking for a per-share loss of $1.31 from sales of $1.3 billion, according to Bloomberg. Rivian reported a $1.08 loss from sales of $1.1 billion in the second quarter of 2023.  ( 25 min )

Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. California’s Insurance Commissioner Ricardo Lara is trying to step in to reform the system and to make the private market more robust, but the bulk of the changes won’t take effect for at least another year.  ( 37 min )

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(Bloomberg) -- Cathie Wood’s flagship fund on Monday sold Roku Inc., which recently became its biggest holding, for the first time since August.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandAI Pioneer Kai-Fu Lee Builds $1 Billion Startup in Eight MonthsWood’s Ark Innovat  ( 34 min )

A record-high 48 oil supertankers are making their way to the US, according to data compiled by Bloomberg.  ( 34 min )

(Bloomberg) -- Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant is valued in private trades, according to people familiar with the matter.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarTrump Shout  ( 35 min )

WeWork, the SoftBank Group-backed start-up that was once a darling of Silicon Valley valued at $47bn (£38.7bn), has filed for bankruptcy in the United States.  ( 35 min )

The flexible-office-space venture, valued at $47 billion at its peak, is facing the consequences of excessive expansion that left it with many unprofitable locations.  ( 29 min )

Dating apps face major headwinds as consumers cut back due to fears about the economy.  ( 36 min )

Office space rental company WeWork filed for bankruptcy, with the company indicating it would continue to operate as it renegotiates its leases and debt obligations.  ( 1 min )

ChatGPT maker OpenAI unveiled its most powerful artificial intelligence model yet at its developer conference Monday, in a move that could help the startup push ahead of rivals.  ( 1 min )

Since the early 1900s, the Federal Trade Commission (FTC) has been preventing anticompetitive, deceptive, and unfair business practices.  ( 24 min )

Find out if all of the effort devoted to obtaining the CFA is worth it, especially in today's crowded financial job market.  ( 20 min )

Deciding how much to put into a 401(k) account can be tricky. There are guidelines to ensure that you are investing what you need, so you can retire in comfort.  ( 25 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 22 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 19 min )

Investors plowed into bets against U.S. Treasurys in recent weeks—and now they're likely paying for it.  ( 19 min )

ChatGPT maker OpenAI unveiled its most powerful artificial intelligence model yet at its developer conference Monday, in a move that could help the startup push ahead of rivals.  ( 17 min )

Personal loan rates moved up to 21.39% this week, adding 26 basis points since last week when the average personal loan rate stood at 21.13%.  ( 18 min )

The S&P 500 rose 0.2% on Monday, Nov. 6, 2023, ahead of some of the last major corporate earnings reports for the third quarter.  ( 16 min )

Individual investors remain as cautious as they’ve been all year despite the recent rally for stocks as concerns about the Middle East and higher interest rates weigh in sentiment.  ( 18 min )

ETFs avoid the wash sale rule because they are often tied to an index and not a "substantially identical" security.  ( 23 min )

Americans—especially young adults—are increasingly going into debt to pay emergency expenses as required payments on federal student loans resume and inflation squeezes household budgets.  ( 18 min )

Bumble founder Whitney Wolfe Herd will resign as CEO of the company, effective January 2.  ( 17 min )

Home builders are attempting to meet the demand left by so few existing homes on the market, but interest rates and inflation are keeping them from fully releasing that pressure.  ( 18 min )

Upcoming conferences cover everything from estate planning to wealth management, have a wide diversity of offerings, and are available in a host of formats: in person, online, and hybrid.  ( 29 min )

DISH Network reported a surprise loss as it lost subscribers, and shares plunged to a 25-year low.  ( 17 min )

Learn how you can avoid these 11 common financial mistakes with your retirement savings.  ( 28 min )

With mortgage rates approaching 8%, an additional nearly $150 a month for insurance could push homeownership out of the budget range for would-be homeowners.  ( 18 min )

A gift is something of value that is given without something of equal value being exchanged in return and, in some instances, is subject to tax.  ( 24 min )

The African Development Bank (ADB) is a financial institution that enables economic and social development throughout the continent.  ( 24 min )

A gift of equity is the sale of a home below the current market value. The buyer is usually someone with whom the seller has a familial relationship.  ( 28 min )

Investors are relying increasingly on independent advisors for help in managing their finances, a report from Cerulli Associates showed, with the trend especially pronounced among younger investors.  ( 18 min )

In economics, the capital account is the part of the balance of payments that records net changes in a country’s financial assets and liabilities.  ( 26 min )

Sorting through Medicare Plan A, Medicare Plan B, Medicare Plan C, and Medicare Plan D can be confusing. Here are some mistakes to avoid.  ( 27 min )

A mortgage is a loan used to purchase or maintain real estate.  ( 30 min )

The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 23 min )

The Medicare hold harmless provision keeps Social Security benefits from decreasing year over year as a result of higher Medicare Part B premiums.  ( 25 min )

U.S. equities edged higher at midday on Monday, Nov. 6, 2023, extending gains after last week's rally amid optimism the Fed could be done raising interest rates to fight inflation.  ( 18 min )

Post-retirement risk is the potential damage to financial security that a retired individual could encounter.  ( 26 min )

BioNTech posted a surprise quarterly profit, and sales exceeded estimates, sending its ADRs higher.  ( 18 min )

Unlike the special 2021 rules for charitable contributions, the 2022 and 2023 rules require donors to itemize their deductions to claim any charitable contribution deductions. The AGI limit, which was 100% in 2021, goes back to 60% for cash donations for qualified charities.  ( 30 min )

Rates on 30-year mortgages rates have plunged almost a half percentage point over the last four days, lowering the 30-year average to its cheapest level since September.  ( 19 min )

Ryanair shares surged after saying it anticipates full-year earnings to reach an all-time high and announced its first-ever dividend.  ( 17 min )

Incentive distribution rights (IDR) in a limited partnership give a general partner an increasing share of the incremental cash flow.  ( 22 min )

Cyber Monday is the Monday following American Thanksgiving, representing the day online retailers offer deep discounts.  ( 26 min )

The accounting equation defines a company's total assets as the sum of its liabilities and shareholders' equity.  ( 28 min )

Stratified random sampling is a method of sampling that involves the division of a population into smaller groups known as strata.  ( 28 min )

Jeff Hirsch, editor of The Stock Trader's Almanac, joins the show to discuss why seasonality matters for investors, and why the next six months are usually the strongest of the year. Plus, how his father, Yale Hirsch, developed the Almanac.  ( 21 min )

A charitable donation is a gift of cash or property to a nonprofit organization. American taxpayers can deduct such donations up to an annual cap.  ( 24 min )

High interest rates, driven by the Federal Reserve’s campaign of anti-inflation rate hikes are affecting companies that sell mortgages, chemicals, facelift machines, vacations, and pretty much anything else you can imagine.  ( 20 min )

The charitable contributions deduction allows taxpayers to deduct cash and property contributions to qualified charities, within limits.  ( 23 min )

Though the IRS puts strict limits on how much you can contribute to an IRA annually, and limits on how much you can earn to open a Roth IRA, there are loopholes to be exploited.  ( 28 min )

Dish Network shares tumbled after the TV provider reported subscriber losses, while BioNTech and Ryanair shares surged after reporting better-than-expected results. Here’s what investors need to know today.  ( 18 min )

Lots of people dream about sports ownership. Here are some ways you can get into the game.  ( 24 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )

An IRAs and a certificate of deposit are two types of investments, one geared toward retirement and the other suitable for short-term savings.  ( 27 min )

Understand 3x exchange traded funds (ETFs) and their key risks. Learn how compounding can affect returns.  ( 24 min )

In hard times companies may stop matching your 401(k) contribution, but there are ways to offset the hit.  ( 24 min )

The theory that the wealth effect spurs consumption makes sense. Who wouldn't spend money when sitting on big gains, even if they're only on paper?  ( 26 min )

Single-stock ETFs are a new exchange-traded product that allows for leveraged or inverse trading of single stocks.  ( 26 min )

Learn about the SEP IRA offered by Vanguard and why it is popular with many small business owners.  ( 23 min )

A SIMPLE IRA is a retirement savings plan that can be used by most small businesses with 100 or fewer employees.  ( 20 min )

IRAs are an important part of a retirement savings strategy. Here are some of the rules governing these accounts.  ( 22 min )

Unemployed individuals can take money out of their 401(k), but they should do so carefully. Here's how to make 401(k) withdrawals when unemployed.  ( 26 min )

Learn about the major drawbacks of industrialization such as growing wealth disparities, environmental damage, and exploitation of child labor.  ( 23 min )

Maximizing your 401(k) involves understanding the investments offered, which are best suited for you, and how to manage them, among other strategies.  ( 31 min )

Here’s how to take advantage of the special tax and withdrawal rules on Roth 401(k) retirement plans to get the most from your investment.  ( 27 min )

Learn about three of the most common ETFs that track the oil and gas drilling sector: the XOP, the IEO and the PXE. Explore different ETF performance records.  ( 22 min )

Warren Buffett said investors have to "look pretty hard" to unearth the hidden gems in Berkshire's earnings reports. We found three of them.  ( 35 min )

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The drugmaker recorded a 35.4% fall in sales of its older CF treatments to $209.2 million. Cystic fibrosis, affecting around 100,000 people globally, is an inherited disorder that causes severe damage to the lungs, digestive system and other organs. Vertex said it now expects annual sales of about $9.85 billion from its CF treatments, compared with LSEG estimates of $9.86 billion.  ( 33 min )

Longtime customers of Capital One's online banking arm thought they were getting the best possible rate, according to a lawsuit. Little did they realize, they say, that they needed to open a new account in order to benefit from interest rate increases.  ( 35 min )

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 21 min )

Berkshire Hathaway CEO Warren Buffett has long favored stocks over bonds, a smart view given the historical outperformance of stocks.  ( 25 min )

(Bloomberg) -- Kinder Morgan Inc. agreed to buy NextEra Energy Partners LP’s South Texas natural gas pipeline assets for $1.815 billion in cash.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Biden Discusses ‘Tactical Pauses’ With NetanyahuWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapAI Pioneer Kai-Fu Lee Builds $1 Billion Startup in Eight MonthsPrivate Credit Giants Are Butting Heads Over a Hot New Asset ClassThe STX Midstr  ( 33 min )

Transaction to be funded with cash on hand and short-term debt, Kinder Morgan said.  ( 27 min )

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UPS has bought out a small contingent of senior pilots. An American Airlines regional partner is trying to attract them to fly small jets. The post UPS reduces pilot head count by nearly 200 with buyouts appeared first on FreightWaves.  ( 35 min )

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Electric adventure-vehicle maker Rivian (RIVN) is scheduled to report third quarter earnings after the bell on Tuesday, after rivals in the sector have reported demand issues and pull back on spending.  ( 35 min )

Learn how you can avoid these 11 common financial mistakes with your retirement savings.  ( 28 min )

Along with announcing two new chips that promise to challenge even the mighty Apple Inc (NASDAQ: AAPL), Advanced Micro Devices Inc (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC), Qualcomm Incorporated (NASDAQ: QCOM) topped estimates with its latest quarterly results, signaling the chip market slump could be over. Upon results, Qualcomm stock rose more than 3% in extended trading as it provided a strong guidance that was supported by an optimistic China outlook, renewed contract with Apple an  ( 34 min )

The housing bubble is heating up, with median 30-year mortgage rates hitting the 8% threshold, the highest since 1995. As monthly mortgage payments rise because of soaring home prices and interest rates, obtaining a mortgage has become increasingly challenging for many prospective buyers. Unsurprisingly, total application volume fell by 6.9% week-over-week as of Oct.18, 2023, according to data released by the Mortgage Bankers Association's seasonally adjusted index. As mortgage rates rose in tan  ( 34 min )

Stock repurchase activity for Berkshire Hathaway was light, a sign that CEO Warren Buffett didn't think the shares were cheap.  ( 27 min )

(Bloomberg) -- Dish Network Corp. suffered its worst stock decline in 23 years after reporting disappointing third-quarter revenue and a drop in wireless customers that was much worse than analysts predicted.Most Read from BloombergIsrael Latest: North Gaza Cut Off as Reported Deaths Pass 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStock Rally Cools Down as Treasuries Make U-Turn: Markets WrapBankers Seek Leg  ( 34 min )

Inflation rates have cooled to 3.7% from record 9% levels recorded last year, thanks to the Federal Reserve's aggressive interest rate hikes over the past year. However, the median consumer price index still lies significantly above the Fed's target 2% rate, implying further rate hikes down the road. Given the precarious economic scenario, the Fed has temporarily paused rate hikes over the past couple of months, as the Federal Open Market Committee left rates unchanged since July of this year. T  ( 35 min )

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Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.  ( 33 min )

Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 45 min )

(Bloomberg) -- A record number of supertankers is steaming toward the US to load oil as shipowners look to capitalize on an increase in the nation’s crude exports. Most Read from BloombergIsrael Latest: North Gaza Cut Off as Reported Deaths Pass 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStock Rally Cools Down as Treasuries Make U-Turn: Markets WrapBankers Seek Legal Cover After Backing $1.5 Trillion of ESG  ( 33 min )

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Is it wise to start converting my 401(k) into an IRA (and then Roth) by 10% per year in order to avoid having to claim too much income each year when converting and also avoid RMDs as much as I can? -Cathy It's definitely smart to be thinking about this, Cathy. Systematic Roth conversions like […] The post Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.  ( 34 min )

(Bloomberg) -- Dish Network Corp. suffered its worst stock decline in 23 years after reporting disappointing third-quarter revenue and a drop in wireless customers that was much worse than analysts predicted.Most Read from BloombergIsrael Latest: North Gaza Cut Off as Reported Deaths Pass 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStock Rally Cools Down as Treasuries Make U-Turn: Markets WrapBankers Seek Leg  ( 34 min )

BofA Securities analyst Jessica Reif Ehrlich cuts her recommendation on shares of Paramount to Underperform from Buy. Paramount stock drops.  ( 21 min )

U.S. health insurer Cigna Group is exploring the sale of its Medicare Advantage business, which provides additional benefits to those covered by federal health insurance, a move that would mark a reversal of its expansion in the sector, according to people familiar with the matter. Cigna, which got into the Medicare Advantage business with its $3.8 billion acquisition of HealthSpring in 2011, would be backing away at a time the U.S. government is tightening its purse strings in reimbursing health insurers for their services should it go through with the move. Cigna is working with an investment bank to evaluate options for its Medicare Advantage business, which could fetch several billions of dollars in a potential divestment, the sources said.  ( 34 min )

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Thigs are just not as bad as they seem. There are some EV-related stocks to Buy.  ( 33 min )

The S&P 500 hit its recent trough on October 27, when it bottomed out at 4,117. Since then, however, the index has had its single best week of 2023 – and it’s up 6% from that low point. The catalyst? A solid Q3 earnings season. With more than half of the S&P 500 companies having reported so far, 78% are beating expectations – well above the historical rate of 75%. In addition, the average ‘beat’ is well over 7%. The strong earnings have economists predicting Q3 earnings growth of about 2.4% when  ( 37 min )

Rates on 30-year mortgages rates have plunged almost a half percentage point over the last four days, lowering the 30-year average to its cheapest level since September.  ( 19 min )

(Bloomberg) -- When WeWork Inc. announced a multibillion-dollar rescue package earlier this year, the company’s management hailed it as a fresh start for the long-struggling global network of shared office spaces.Most Read from BloombergIsrael Latest: Hamas-Run Authorities Say Gaza Deaths Top 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStocks Hold Gains After Big Rally on Fed Rates: Markets WrapThe deal would  ( 35 min )

Wolfe Herd, a co-founder of Tinder, established the dating app Bumble in 2014 with the aim of empowering women in their relationships. Lidiane Jones, who is currently the CEO of Slack Technologies, will take over.  ( 20 min )

Trading in shares of WeWork were halted Monday as rumors swirl that the office sharing company, once valued as high as $47 billion, will seek bankruptcy protection. Last week, The Wall Street Journal and other media outlets reported that WeWork was planning to file for Chapter 11 bankrutpcy protection as early as this week — citing unnamed sources familiar with the matter. A WeWork spokesperson said last week that the company does not comment on speculation and did not immediately return messages after trading in the company's stock was halted Monday.  ( 34 min )

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Jobs data shows a progressive softening of the labor market, pointing to a 2024 recession, Larry Hatheway writes.  ( 34 min )

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It has been a very good year for bitcoin investors. Against a backdrop of multiple bank collapses, a shaky economic macro and recent geopolitical issues, the leading crypto has more than doubled in value in 2023, with investors increasingly viewing bitcoin as a safe haven asset to lean on in troubled times. Of course, the growing mainstream acceptance represents a big change in attitude toward what was not long ago considered an extremely volatile and risky asset. But the good news is that this  ( 37 min )

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Wolfe Herd, a co-founder of Tinder, established the dating app Bumble in 2014 with the aim of empowering women in their relationships. Lidiane Jones, who is currently the CEO of Slack Technologies, will take over.  ( 20 min )

CEO Jonathan Johnson stepped down Monday the first day Overstock made its transition to newly named Beyond  ( 21 min )

↗️ Tesla (TSLA): Shares rose almost 2%. Reuters reported that Tesla plans to build a 25,000-euro car in Germany. Meanwhile, the elect  ( 24 min )

Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 36 min )

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BioNTech stock has dropped 36% this year as demand fell for its Covid-19 vaccines produced with Pfizer.  ( 20 min )

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A Reuters report about Tesla's next car is lifting the stock for a potential fifth consecutive day of gains.  ( 23 min )

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(Bloomberg) -- Hilton Grand Vacations Inc. agreed to buy Bluegreen Vacations Holding Corp. in an all-cash deal for a total enterprise value of about $1.5 billion including net debt. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russ  ( 33 min )

WeWork shares were halted pending news ahead of the opening bell Monday. The company is likely to file for Chapter 11 bankruptcy protection as soon as this week, [the Wall Street Journal reported a few days ago](https://www.wsj.com/articles/wework-plans-to-file-for-bankruptcy-as-early-as-next-week-  ( 22 min )

Though the IRS puts strict limits on how much you can contribute to an IRA annually, and limits on how much you can earn to open a Roth IRA, there are loopholes to be exploited.  ( 28 min )

Citigroup's managers and consultants working on CEO Jane Fraser's reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people with knowledge of the process. The bank did not immediately respond to a Reuters request for comment. Citi had said in September it would strip out a layer of management and cut jobs in a sweeping reorganization that would give Fraser more direct control as she seeks to simplify the Wall Street giant and boost its stock price.  ( 33 min )

Unions are pushing for reduced working hours in Germany, a global trend that is prompting panic among the world's wealthy entrepreneurs.  ( 34 min )

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In an interview, Gold giant Newmont CEO Tom Palmer said the Cripple Creek mine in the U.S. may no longer be a fit for the company following its $14 billion acquisition of Australia’s Newcrest Mining.  ( 27 min )

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BioNTech stock has dropped 36% this year as demand fell for its Covid-19 vaccines produced with Pfizer.  ( 20 min )

Hedge funds last week "aggressively" bought U.S. stocks at the fastest pace in two years, said a Goldman Sachs note, with traders jumping into a stock rally fuelled by hopes that the U.S. central bank rate pause might stick. This left some caught in a squeeze, the bank said in a note on November 2, when short positions became too expensive to hold as stock prices rose. Many got tangled up trying to flee crowded trades which became losing positions, Goldman Sachs said in that note.  ( 33 min )

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Dish posted a surprise third-quarter loss. The group also dropped news of a deal and management shakeup.  ( 20 min )

BioNTech has cut its 2023 revenue target by about 1 billion euros ($1.1 billion) on lower demand for the COVID-19 vaccine made with Pfizer but said the impact from write-downs at its U.S. partner was less then initially thought. In a statement on Monday, the German biotech company cut its outlook for full-year COVID-19 vaccine revenues to about 4 billion euros from 5 billion previously expected and the 17.2 billion reported last year. BioNTech, which relies on vaccine-related profit share payments from its U.S. partner for much of its revenues, said that write-downs reported by Pfizer in mid-October would reduce its third-quarter revenues by 508 million euros, compared with up to about 900 million initially flagged.  ( 33 min )

Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 34 min )

(Bloomberg) -- The S&P 500’s pitch is simple. Own it and get exposure to the biggest of the big among US firms. Lately it’s gotten harder to maintain that point of distinction.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia Tie  ( 35 min )

That's how much Schwab (SCHW) stock has fallen this year, making it one of the worst-performing financial stocks in the S&P 500. Here is a look what is ailing the brokerage giant:  ( 22 min )

Lyft's price cuts may have helped the ride-hailing firm make a small dent in Uber's U.S. market share, but not enough to prevent the bigger rival from reporting its second quarterly operating profit. After the slowest sales increase in the second quarter in two years, Lyft is expected to post a bigger growth story in the September quarter as it attracted more riders with lower prices. The average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analytics firm YipitData, a big change since February, when both the companies were charging nearly the same price.  ( 34 min )

(Bloomberg) -- One of the world’s most prominent emerging-market bears says the correction it has long predicted is just getting started. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesMan Group Plc, the world’s biggest pu  ( 35 min )

Defined-maturity bond funds from BlackRock and Invesco have grown in popularity this year.  ( 27 min )

Even if savers are happy to absorb mounting public-debt piles, today’s financial plumbing may be too creaky to bear it.  ( 27 min )

Wall Street strategists and analysts have struggled to get recent market moves right. And there's no problem with that.  ( 36 min )

(Bloomberg) -- The S&P 500 Index’s best week in a year was just a bear market rally, according to Morgan Stanley’s top-ranked strategist.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesTechnical and fundamental support is m  ( 33 min )

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Here is how much money you and your employer can contribute to your 401(k) retirement savings plan in 2023 and 2024.  ( 25 min )

(Bloomberg) -- Short sellers are facing the heat in South Korea once again, with regulators reimposing a full ban on the practice of selling borrowed shares in a controversial move that’s come just months before general elections.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael  ( 36 min )

A look at SEC filings from last week signal looming record-keeping penalties and a broadening probe of COVID-era unemployment benefits at the nation's largest “super-regional.”  ( 35 min )

(Bloomberg) -- Any year-end rally in stocks could prove short-lived because equities don’t fully reflect the outlook for rates remaining higher for longer, according to Jean Boivin, who heads the research arm at BlackRock Inc.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s F  ( 34 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )

Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. The source, who declined to be named, did not specify when production will begin. Tesla declined to comment.  ( 33 min )

Germany's residential construction sector was again hit by a wave of cancellations in October, according to a survey published on Monday that showed a record number of firms reporting abandoned projects. "It's getting worse all the time, with more and more projects failing due to higher interest rates and elevated construction prices," says Klaus Wohlrabe, Ifo head of surveys. "In residential construction, new business remains very low and companies' order backlogs are diminishing."  ( 32 min )

Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. The source, who declined to be named, did not specify when production will begin. Tesla declined to comment.  ( 31 min )

Ryanair posted a sharply higher net profit for the first half 2024 as traffic grew 11%, forecast a record annual profit of up to €2 billion and said it would pay regular dividends starting next year.  ( 26 min )

For years, foreign companies plowed the profits they made in China back into the country. Not anymore.  ( 28 min )

It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight to pricing in early cuts. That is not to say Europe is faring any better, many analysts look for the EU to enter recession this quarter.  ( 33 min )

Spot gold was down 0.4% at $1,983.49 per ounce by 0444 GMT after rising above the key $2,000 level on Friday. U.S. gold futures fell 0.4% to $1,990.60. "The major factor that will influence gold in the near-term will be the U.S. 10-year Treasury yields... if you start to see resurgence in yields, gold could break below the key support level around $1,974," said Kelvin Wong, senior market analyst for Asia Pacific at OANDA.  ( 33 min )

Telecom Italia has approved the sale of its fixed-line network to KKR, part of a plan by the former monopoly to reduce increasingly unmanageable amounts of debt.  ( 28 min )

(Bloomberg) -- Morgan Stanley estimates a sustained oil price of $110 a barrel could undermine India’s economic stability, likely forcing the central bank to resume hiking interest rates.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons  ( 34 min )

China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments. Direct investment liabilities - a measure of FDI - were a deficit of $11.8 billion during the July-September period, according to preliminary data of China's balance of payments released late on Friday. That's the first quarterly shortfall since China's foreign exchange regulator began compiling the data in 1998, which could be linked to the impact of "de-risking" by Western countries from China amid growing geopolitical tensions.  ( 32 min )

(Bloomberg) -- In the fast-moving world of battery metals, 2022 already feels like a bygone era. Back then, prices were soaring, automakers were fretting about long-term shortages and Elon Musk was describing lithium costs as “insane.”Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesI  ( 36 min )

(Bloomberg) -- Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data spurred a rally. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesLeveraged f  ( 33 min )

Ask yourself the right questions to tell whether you’re ready to close the chapter on your career.  ( 23 min )

(Bloomberg) -- Elon Musk revealed his own artificial intelligence bot to challenge ChatGPT, claiming the prototype is already superior to ChatGPT 3.5 across several benchmarks.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia Tie  ( 33 min )

Major global currencies were steady early on Monday but seemed poised to extend last week's uptrend as the dollar nursed its losses after the Federal Reserve dialled down its hawkish rhetoric. The dollar index was flat at 105.11, with the euro at $1.0726. The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low.  ( 34 min )

(Bloomberg) -- South Korean stocks surged following the nation’s move to reimpose a full ban on short-selling for about eight months as authorities look to stomp out illegal use of the trading tactic in order to curb market turmoil.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsra  ( 32 min )

Japanese carmaker is working on new approach as it aims for massive ramp-up of EV production  ( 6 min )

(Bloomberg) -- Shares in Asia were primed to advance after Friday’s rally in US stocks and bonds as investors gave further credence to the idea interest rates are near the cycle peak.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Rus  ( 34 min )

Oil prices edged up on Monday after top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Brent crude futures rose 41 cents, or 0.5%, to $85.30 a barrel by 0000 GMT while U.S. West Texas Intermediate crude was at $81.05 a barrel, up 54 cents, or 0.7%. In line with analysts' expectations, Saudi Arabia confirmed it would continue with its additional voluntary cut of 1 million barrels per day (bpd) translating into a production of around 9 million bpd for December, a source at the ministry of energy said in a statement.  ( 34 min )

(Bloomberg) -- What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it was falling. Now it’s going up. Ask most people how the price of money is set, and they’ll say central banks. True, when it comes to direct control of US interest rates, the Federal Reserve calls the shots. But there’s a deeper logic at work. Fundamentally, the price of m  ( 37 min )

Een rechter in Italië heeft opdracht gegeven beslag te leggen op 779 miljoen euro van verhuurplatform Airbnb. Het bedrijf wordt ervan verdacht tussen 2017 en 2021 geen belasting te hebben afgedragen over de opbrengsten uit verhuur.  ( 9 min )

De Gelderse oud-zakenman en miljardair Hans Melchers is dit weekeinde op 85-jarige leeftijd overleden, meldt Museum MORE op de website. Melchers was de oprichter van het museum in het Gelderse Gorssel.  ( 9 min )

Opnieuw is een onderzeese kabel in de Oostzee beschadigd geraakt, melden Finse autoriteiten. Het gaat om een Russische telecomkabel, die momenteel wordt gerepareerd door een Russisch schip.  ( 9 min )

De Egyptische frisdrankenproducent Spiro Spathis lijkt voorlopig van de ondergang gered door de strijd in Gaza. Het meer dan honderd jaar oude bedrijf profiteert van een oproep in het Midden-Oosten om westerse merken niet langer te kopen.  ( 9 min )

Het sociale medium X heeft één persoon in het moderatieteam van wie Nederlands de eerste taal is. Dit team bekijkt welke (gerapporteerde) berichten wel of niet aan de regels van het voormalige Twitter voldoen.  ( 9 min )

Het Openbaar Ministerie (OM) eist 25 miljoen euro tegen petrochemiereus Sabic Limburg in Geleen. Sabic wordt verdacht van een opeenstapeling van onveilige werkprocessen. Daardoor raakten drie werknemers gewond, waarvan er één overleed.  ( 11 min )

Het Openbaar Ministerie (OM) eist 25 miljoen euro tegen petrochemiereus Sabic Limburg in Geleen. Sabic wordt verdacht van een opeenstapeling van onveilige werkprocessen. Daardoor raakten drie werknemers gewond, waarvan er één overleed.  ( 10 min )

De website van de ov-chipkaart is sinds zaterdag verminderd bereikbaar na een ddos-aanval. Inmiddels is de aanval verholpen, zegt een woordvoerder van Translink, het bedrijf achter de ov-chipkaart. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )

MediaMarkt heeft goedkeuring gekregen om acht winkels van het failliete BCC over te nemen. Volgens toezichthouder ACM blijft er na de overname genoeg concurrentie over.  ( 9 min )

De prijzen van belangrijke grondstoffen voor het maken van batterijen voor elektrische auto's zijn dit jaar flink gedaald. Zo ging de prijs van lithium met bijna 70 procent omlaag en nikkel is ongeveer 40 procent goedkoper geworden.  ( 10 min )

Ondanks flink duurdere tickets stapten meer reizigers afgelopen zomer aan boord bij Ryanair dan in dezelfde periode vorig jaar. Dat levert de prijsvechter een winststijging op van bijna 60 procent.  ( 9 min )

Dit jaar zijn al duizend webwinkels offline gehaald wegens online fraude, blijkt uit cijfers van de politie. Dat is ruim 30 procent meer dan in heel 2022.  ( 9 min )

MediaMarkt heeft goedkeuring gekregen om acht winkels van het failliete BCC over te nemen. Volgens toezichthouder ACM blijft er na de overname genoeg concurrentie over.  ( 8 min )

De website van de ov-chipkaart is zaterdag niet bereikbaar door een ddos-aanval, dat zegt een woordvoerder van het bedrijf achter de ov-chipkaart, Translink. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )

Ondanks flink duurdere tickets stapten meer reizigers afgelopen zomer aan boord bij Ryanair dan in dezelfde periode vorig jaar. Dat levert de prijsvechter een winststijging op van bijna 60 procent.  ( 9 min )

Vorig jaar zijn veel minder kantoren omgebouwd tot een woning dan in 2021. Voor het eerst sinds 2015 zijn minder dan tienduizend panden in huizen veranderd.  ( 9 min )

PostNL blijft last houden van consumenten die door de hoge inflatie minder uitgeven. Daardoor heeft de post- en pakketbezorger het afgelopen kwartaal iets minder pakketten verwerkt dan een jaar eerder. Ook sturen we elkaar steeds minder brieven.  ( 3 min )

Het RIVM waarschuwt dat er tegen 2030 een drinkwatertekort dreigt te ontstaan. Er valt nog veel te leren als het aankomt op het opslaan van water, maar we kunnen zelf ook ons steentje bijdragen. Hoe ziet jouw watergebruik eruit? Houd jij je bezig met water besparen? Heb je een regenton in de tuin of douche je kort? Deel je tips en ervaringen in de reacties.  ( 8 min )

De export van Nederlandse producten aan Turkije is enorm gegroeid in de afgelopen twee jaar. Sinds de Russische inval in Oekraïne mogen sommige producten niet meer aan Rusland worden verkocht, zoals vrachtwagens en rekenmachines. Nederlandse bedrijven lijken Rusland via Turkije alsnog te bereiken.  ( 9 min )

De export van Nederlandse producten aan Turkije is enorm gegroeid in de afgelopen twee jaar. Sinds de Russische inval in Oekraïne mogen sommige producten niet meer aan Rusland worden verkocht, zoals vrachtwagens en rekenmachines. Turkije heeft wel interesse.  ( 9 min )

In het derde kwartaal vlogen er bijna 21 miljoen passagiers van en naar Nederlandse luchthavens. Dat is 11 procent meer dan in dezelfde periode in 2022. Sinds 2020 vliegen we elk jaar meer, maar voor de coronapandemie vlogen we nog vaker.  ( 9 min )

U.S. equities edged higher at midday on Monday, Nov. 6, 2023, extending gains after last week's rally amid optimism the Fed could be done raising interest rates to fight inflation.  ( 1 min )

Stock futures were slightly higher, though fighting for gains, in premarket trading Monday after equities last week posted their best week of the year.  ( 1 min )

Dish Network shares tumbled after the TV provider reported subscriber losses, while BioNTech and Ryanair shares surged after reporting better-than-expected results. Here’s what investors need to know today.  ( 1 min )

Tesla's management in Germany last week unveiled a package of wage increases for workers, raising salaries by 4%, during Elon Musk's visit to the Gigafactory on the outskirts of Berlin, The Wall Street Journal reported on Sunday, citing people familiar with the matter.  ( 32 min )

Westpac said its annual net profit rose by 26% underpinned by growth in key divisions, with the company launching a $980 million share buyback and increasing its dividend.  ( 27 min )

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Asia is poised to start this week as it finished last week, with risk assets and investor sentiment buoyed by growing confidence in the U.S. economic 'soft landing', and easing financial conditions from the slide in the dollar and U.S. bond yields. The regional economic and policy events calendar this week is jammed with top-tier releases which are sure to give local assets strong steers, especially from China. October's import and export figures are released on Tuesday, and Thursday sees the release of bank lending and credit, money supply, producer price inflation and consumer price inflation, all for October also.  ( 34 min )

Mutual funds manage more than $20 trillion in assets, so tax-loss selling in late October could drive big shifts in the stock market at year-end.  ( 33 min )

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FedEx pilots are experiencing significant pay decreases because there isn’t enough flying to go around. The company is pushing cockpit crews to take jobs at a regional passenger airline. The post FedEx tells pilots to switch to American Airlines feeder operator appeared first on FreightWaves.  ( 39 min )

A seismic decision in a massive class-action lawsuit could save home buyers and sellers billions of dollars each year. But the fight is far from over.  ( 37 min )

Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )

Trucking bloodbath expands to lenders as industry experiences one of the sharpest downturns in history. The post Iowa bank failure tied to bad trucking loans appeared first on FreightWaves.  ( 34 min )

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The largest publicly traded U.S. brokerage is among the worst-performing stocks in the S&P 500 this year.  ( 23 min )

Investors will look to continue a rally sparked by declining bond yields and further confidence in the Fed's path forward in the coming week.  ( 36 min )

Judging from past rate plateaus, it may pay to bet on small-cap and growth stocks—and to do it early.  ( 27 min )

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Coming up next week: more earnings, updates on household credit, and consumer sentiment.  ( 21 min )

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A surprising borrowing plan from the Treasury Department helped drive down bond yields and revive stocks.  ( 27 min )

Every successful stock portfolio starts with the right stock choices, but how can investors find those? There are thousands of firms traded on the public markets, tens of thousands of traders hawking those shares, and multiple millions of daily transactions on Wall Street’s trading floors. The sheer volume of data presents a solid barrier to most investors. But that’s what data sorting tools were invented for – tools like the Smart Score. This is a sophisticated algorithm, using AI and natural l  ( 37 min )

Social Security recipients will get a 3.2% COLA raise in 2024. All of it and more will likely be eaten by healthcare costs, leaving seniors in a hole.  ( 35 min )

Microsoft Corp. (MSFT) shares keep rising, up 47% in 2023. Unusual money flows reveal why.  ( 33 min )

PulteGroup, Inc. (PHM) shares are surging, up 83% in 2023. Unusual money flows reveal why.  ( 33 min )

(Bloomberg) -- South Korea will prohibit stock short-selling from Monday until June 2024 to allow regulators to “actively” improve rules and systems, the Financial Services Commission said Sunday. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syr  ( 33 min )

South Korea's financial authorities said on Sunday a ban on all short-selling will be re-imposed in the local stock market starting on Monday to help create a "level playing field" for both retail investors and institutional and foreign investors. The new restriction will go into effect on Monday, South Korea's Financial Services Commission (FSC) said in an announcement on Sunday. "The measure is aimed at fundamentally easing 'the tilted playing field' between institutional and retail investors," FSC Chairman Kim Joo-hyun told a news briefing.  ( 32 min )

(Bloomberg) -- Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria  ( 37 min )

(Bloomberg) -- Bond investors and rates traders are increasingly betting interest-rate cuts will start by the summer, challenging policymakers’ mantra of high borrowing costs for the foreseeable future.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies i  ( 34 min )

Investors say Beijing’s sanctions could offer an unexpected boost by creating a national champion  ( 6 min )

American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.  ( 30 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 31 min )

(Bloomberg) -- This was supposed to be the year that China’s economy roared back to life and, in the process, turned the country’s stocks and bonds into must-buys for global investors once again.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria  ( 35 min )

Their inverse correlation with stocks and bonds make these investments worth getting to know.  ( 25 min )

Investors are better off ignoring macroeconomic forecasts and focusing instead on the lessons that microeconomics can teach them.  ( 25 min )

Learn more about the Genesis Block, the original Bitcoin block, created when the first bitcoin was mined in 2009.  ( 23 min )

A layoff occurs when an employer suspends or terminates a worker, either temporarily or permanently, for business rather than performance reasons.  ( 26 min )

Here's the rundown on how different ETF dividends are taxed.  ( 25 min )

Bitcoin keeps getting older, despite being declared dead many times. Here's a refresher and some thoughts on the whitepaper that started the cryptocurrency craze.  ( 30 min )

Find out which countries produce the most oil in Latin America, and learn about some of the biggest oil companies operating in each country.  ( 24 min )

Money in an individual retirement account (IRA) can work harder for you than money in a savings account. Here are some IRA facts you need to know.  ( 25 min )

An after-tax contribution is a deposit into a retirement account of money that has been taxed in the year in which it was paid into the account.  ( 23 min )

Opening up an individual retirement account (IRA) is a simple move that will save you tax money today and help you save for tomorrow.  ( 24 min )

Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )

Energy exchange-traded funds (ETFs) offer several ways to invest in the sector, from oil and gas companies to alternative energy sources.  ( 23 min )

If you're thinking about early retirement, you need to budget, save, invest, and plan ahead. Find out how to retire early so you can enjoy a longer retirement.  ( 26 min )

Commodity ETFs enable investors to gain exposure to individual commodities or baskets of commodities in a relatively low-risk and cost-effective way.  ( 26 min )

Green Monday refers to one of the retail industry's busiest shopping days, occurring on the second Monday in December.  ( 24 min )

Charlie Shrem is a Bitcoin advocate who spent time in prison for his involvement with the Silk Road black marketplace.  ( 25 min )

Bitcoin, which has run afoul of regulators around the world, is slowly being accepted by some government agencies in many countries.  ( 24 min )

Spears' long-awaited memoir, The Woman In Me, sold 1.1 million copies (including pre-orders, print, e-books, and audiobooks) in the first week of its release on October 24. The pop icon has a net worth of about $60 million from her lucrative music career, perfume lines, and real estate portfolio.  ( 21 min )

Coming up next week: more earnings, updates on household credit, and consumer sentiment.  ( 21 min )

American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.  ( 30 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 31 min )

Tijdens de VN-klimaatconferentie vorig jaar werden landen het eens dat er een klimaatschadefonds moet komen. Maar het was lang onzeker hoe dat eruit moet zien. Daarom gingen rijke en arme landen dit weekend in gesprek en werden concrete stappen gezet.  ( 9 min )

Saoedi-Arabië en Rusland houden vast aan de verlaging van de olieproductie. Rusland gaf al eerder aan de vrijwillige verlaging van de olieproductie door te zetten.  ( 3 min )

Afgelopen maand viel er ontzettend veel regen. Met een totale neerslag van 205 millimeter in de Bilt, is het de natste maand ooit gemeten. Door klimaatverandering worden onze winters bovendien regenachtiger. Toch dreigt er tegen 2030 een drinkwatertekort te ontstaan, hoe kan dat?  ( 9 min )

Werknemers in de Nederlandse houthandel leggen maandag opnieuw het werk neer. Dat melden vakbonden FNV en CNV. De bonden willen met de acties een betere cao afdwingen. De werkonderbreking is in navolging van de landelijke staking van 48 uur vorige week.  ( 9 min )

De inflatie in de eurozone zal in 2025 weer zijn teruggezakt naar de gewenste 2 procent. Dat voorspelt ECB-president Christine Lagarde in een interview met de Griekse krant Kathimerini.  ( 9 min )

China gaat meer buitenlandse goederen importeren. Ook zet het land de deur voor zaken met buitenlandse bedrijven verder open.  ( 8 min )

De inflatie in de eurozone zal volgens president Christine Lagarde van de Europese Centrale Bank (ECB) in 2025 weer terug zijn gezakt naar de doelstelling van 2 procent. Dat zegt Lagarde in een interview met de Griekse krant Kathimerini.  ( 9 min )

Most Value at Risk models assume away extremely high levels of volatility. This makes VaR particularly poorly adapted, yet well-suited, for stress testing.  ( 23 min )

Small Business Saturday is designed to encourage consumers to shop at small businesses.  ( 24 min )

Bond exchange-traded funds (ETFs) combine the relative stability and portfolio diversification of bond mutual funds with the intra-day liquidity of stocks.  ( 24 min )

Taking a formal course on retirement planning can help you learn how to maximize your own plan or help others do the same.  ( 22 min )

Should you continue to Hold On For Dear Life (HODL), given the volatility of bitcoin prices? Or is it time to admit you made a mistake? Here's what the bears and bulls say.  ( 23 min )

Ever wondered what it was like to be an economist? Here's a look at what economists do, where they work, and what career paths lay before you.  ( 27 min )

Unlike IRA contributions, 401(k) contributions generally must be paid during the calendar year to be deductible from that year's income.  ( 23 min )

In 2023, you can contribute up to $6,000, or $7,000 if you’re age 50 or older, to all of your Roth and traditional IRA accounts.  ( 32 min )

UAW has negotiated a 25% wage increase over the life of the contract, which runs to September 2027, according to Union leadership Saturday.  ( 18 min )

Learn what the concept of negative correlation means, understand how it is generally calculated and see how it is used in the construction of portfolios.  ( 21 min )

Taproot—one of Bitcoin's most significant upgrades—was implemented on its network in November 2021. Here's a brief primer.  ( 21 min )

Berkshire Hathaway reported its third-quarter earnings, which saw it's biggest cash hoard to date and a 40% increase in operating income.  ( 19 min )

We'll show you how to set yourself up to retire in style.  ( 28 min )

Food delivery company and e-commerce retailer DoorDash posted earnings that beat analysts' expectations, as orders rose at a double-digit pace and the company drew more users onto its platform.  ( 18 min )

Kangaroos are slang for the stocks that comprise Australia's All-Ordinaries stock market index.  ( 21 min )

Capital employed, also known as funds employed, is the total amount of capital used for the acquisition of profits. Learn how this calculation can be used.  ( 25 min )

Business risk is the exposure a company or organization has to factor(s) that can lower its profits or lead it to fail. Learn how risk is created and how to avoid it.  ( 26 min )

Sam Bankman-Fried was co-founder and ex-CEO of bankrupt cryptocurrency exchange FTX before its sudden collapse in November 2022. He now faces criminal fraud charges.  ( 28 min )

Despite a decrease in active drilling rigs, U.S. crude oil production reached a record average of 13.05 million barrels per day in August 2023 thanks to significant efficiency gains and advanced drilling techniques.  ( 34 min )

Analysts have weighed in on Apple's Q4 2023 financial results, with most taking the view that the quarter is decent-performing, but with caution about a shorter Q1 2024.  ( 36 min )

Warren Buffett and his team sold over $5 billion of stocks on a net basis last quarter, boosting their mountain of cash and Treasuries to a new high.  ( 34 min )

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(Bloomberg) -- China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesData due Thursday wi  ( 37 min )

(Bloomberg) -- A prospect that might have seemed unthinkable just a couple short weeks ago is coming into view for bond traders: The potential for US Treasuries to post an annual gain for the first time since 2020.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Ir  ( 34 min )

Should you continue to Hold On For Dear Life (HODL), given the volatility of bitcoin prices? Or is it time to admit you made a mistake? Here's what the bears and bulls say.  ( 23 min )

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Conglomerate offloads more than $5bn worth of US and international shares  ( 6 min )

In 2023, you can contribute up to $6,000, or $7,000 if you’re age 50 or older, to all of your Roth and traditional IRA accounts.  ( 32 min )

Starbucks is counting on three of the world's biggest tech giants — Microsoft, Amazon and Apple — to help power a new growth sprint for the coffee giant.  ( 34 min )

A $1.8 billion verdict this week against the National Association of Realtors and large brokerages likely spells changes ahead.  ( 33 min )

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As the labor deal ratification process continues, UAW President Shawn Fain repeated his message to non-union auto workers: Get ready to stand up.  ( 23 min )

Learn what the concept of negative correlation means, understand how it is generally calculated and see how it is used in the construction of portfolios.  ( 21 min )

Berkshire Hathaway saw higher profits from its insurance business and more income from its huge cash holdings.  ( 32 min )

(Bloomberg) -- The stock market just finished its best week in almost a year, but lurking beneath the euphoric surface are fears about Corporate America’s profit outlook.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesAmong  ( 34 min )

China’s economy, war in the Middle East and a predicted El Niño are among the factors experts are looking at.  ( 29 min )

The conglomerate’s quarterly loss widened, stung by the stock market downturn.  ( 28 min )

Berkshire Hathaway reported its third-quarter earnings, which saw it's biggest cash hoard to date and a 40% increase in operating income.  ( 20 min )

Deere, Agco and CNH Industrial are offering cheaper retrofits to ease the transition to more automation.  ( 24 min )

(Bloomberg) -- Between 2013 and 2017, Peter To claims he made more than $1 million by day-trading Bitcoin during its bull runs.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesWhile the world’s largest cryptocurrency has ral  ( 35 min )

Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well. Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. Accounting rules require it to include the value of its investments, which it put at $341.1 billion at the end of the quarter, in its earnings.  ( 33 min )

Roughly 53,000 US home purchase agreements fell through in September, according to Redfin, equal to 16.3% of homes that went under contract that month.  ( 34 min )

Warren Buffett's Berkshire Hathaway Inc on Saturday posted its first overall quarterly loss in a year  ( 34 min )

(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile scaled a fresh record at $157.2 billion, bolstered both by elevated interest rates and a dearth of meaningful deals where billionaire investor Warren Buffett could put his money to work. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After Earthquake  ( 33 min )

Berkshire said its third-quarter net loss was $12.77 billion, or $8,824 per Class A share, and compared with a $2.8 billion loss a year earlier. Operating profit rose 41% to $10.76 billion, or $7,444 per Class A share, from $7.65 billion a year earlier. Berkshire said it repurchased $1.1 billion of its stock in the quarter, and has bought back about $7 billion this year.  ( 33 min )

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Shifts in the U.S. tobacco market are trickier for expensive brands like Marlboro to navigate than cheaper rivals.  ( 27 min )

It was 2002 and with New Labour still riding high on the back of the largest-ever second-term majority in British electoral history, Tony Blair and his entourage swept into the building.  ( 38 min )

The convicted FTX founder once stood for crypto’s potential primacy over traditional finance. Now, he represents its deflated ambitions.  ( 28 min )

Anthony Albanese, making the first visit by an Australian leader to China since before a diplomatic rift in 2020, could face a tough task in repairing trade ties.  ( 28 min )

The payments company is under pressure. Jack Dorsey, the often-distant CEO, says he is stepping back into the ring.  ( 25 min )

"You trust your parents. This is not what they should be doing to their children."  ( 38 min )

(Bloomberg) -- If the oil market offers clues about the state of the economy, it’s through the prism of two petroleum products: diesel and naphtha. And in Europe, the news is bleak.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIsrael Latest: Hezbollah Warns on Escalation, US Deploys DronesIceland’s Blue Lagoon on Alert for Magma Flows After Eart  ( 35 min )

Pano Christou worked his way up the corporate ladder, landing the top job after two decades and 10 promotions at the company.  ( 36 min )

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIsrael Latest: Hezbollah Warns on Escalation, US Deploys DronesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesAs Russia’s central bank prepared to lift interest rates last w  ( 36 min )

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UAW has negotiated a 25% wage increase over the life of the contract, which runs to September 2027, according to Union leadership Saturday.  ( 1 min )

Food delivery company and e-commerce retailer DoorDash posted earnings that beat analysts' expectations, as orders rose at a double-digit pace and the company drew more users onto its platform.  ( 1 min )

China heeft opnieuw een grote langjarige deal gesloten met Qatar voor de levering van vloeibaar gemaakt aardgas (lng). Dat is een nieuwe stap van de Chinezen om de energiezekerheid in het land veilig te stellen.  ( 8 min )

De bekende Amerikaanse beursmiljardair Warren Buffett heeft zijn enorme bulk cashgeld in het afgelopen kwartaal zien stijgen tot een recordbedrag van 157,2 miljard dollar, omgerekend zo'n 148 miljard euro.  ( 8 min )

Het Duitse chemiebedrijf Merck overweegt banen te schrappen vanwege een afgenomen vraag bij de tak die grondstoffen maakt voor de elektronica-industrie.  ( 8 min )

De website van de ov-chipkaart is zaterdag niet bereikbaar door een ddos-aanval, zegt een woordvoerder van het bedrijf achter de ov-chipkaart, Translink. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )

De Duitse minister van Financiën Christian Lindner voelt niets voor een vierdaagse werkweek met een voltijds salaris. "Nooit in de geschiedenis heeft een samenleving haar welvaart vergroot door minder te werken", vindt de minister.  ( 3 min )

De Duitse minister van Financiën Christian Lindner voelt niets voor een vierdaagse werkweek met een voltijds-salaris. Dat zegt de minister op een beleidsevenement in het Zwitserse Luzern.  ( 3 min )

Nederland moet hard gaan werken aan de opslag van energie. Maar investeren in die opslag is volgens de energiesector nu niet rendabel. Daardoor groeit de kans dat we de komende jaren zonder stroom komen te zitten.  ( 10 min )

Nederland moet hard gaan werken aan de opslag van energie. Maar investeren in die opslag is volgens de energiesector nu niet rendabel. Daardoor groeit de kans dat we de komende jaren zonder stroom komen te zitten.  ( 10 min )

Individual stocks haven’t reacted well to earnings, but the stock market surged anyway.  ( 35 min )

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Analysts size up ConocoPhillips, Cooper Cos., SolarEdge, Expedia, First Horizon, and Block  ( 27 min )

Days after the 10-year Treasury yields reached a 16-year high of 5 percent, a CBRE (CBRE) investment report concluded that increased yields on the benchmark Treasury bond have eroded investor confidence in commercial real estate and will contribute to lower values across all asset classes in 2024. “Our econometric models indicate that the rise in the 10-year Treasury yield to 5 percent or more, if sustained, will raise cap rates and lower capital values for commercial real estate,” the CBRE report concluded.  ( 36 min )

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Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 21 min )

Here are some of the major companies whose stocks moved on the week’s news.  ( 27 min )

To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?  ( 35 min )

These are the top young leaders on Wall Street. From influencing how the world's biggest hedge fund invests to helping Fortune 500 companies raise capital.  ( 33 min )

The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 18 min )

Chevron stock has dropped  ( 31 min )

Truck-stop operator Pilot is suing Berkshire Hathaway, claiming Warren Buffett's company is using accounting adjustments to potentially shortchange the family that once controlled it.  ( 31 min )

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Starbucks soared 12% after crushing its earnings, surprising analysts. Another surprise: It's investing in things that help its workers do their jobs better.  ( 36 min )

If you cheat on your taxes, Republicans want your vote.  ( 35 min )

The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.  ( 46 min )

(Bloomberg) -- Former Treasury Secretary Lawrence Summers warned against the exuberance taking hold in financial markets that the Federal Reserve has effectively won the war on inflation.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleS&P 500 Notches Best Week in 2023 as Yields Tumb  ( 35 min )

While inflation has made real estate investment trusts (REITs) more appealing to many investors, the rate hikes that followed sent many running in the opposite direction. Higher interest rates have not only hindered company growth but have also made REIT dividend yields less attractive than the "risk-free" Treasury yields. When dividend yields start hitting double digits, however, some REITs become a little too tempting to ignore. Are these 10%+ yields too good to pass up, or too good to be true  ( 36 min )

The new headline 5.27% I bond rate only applies to new bonds. Your new rate for an existing I bond is likely much lower, and you may be better off cashing it out for a CD.  ( 23 min )

Spousal IRA contributions allow a working spouse to put money in their nonworking spouse's retirement account, if they meet these requirements.  ( 25 min )

(Bloomberg) -- Two of Bank of America Corp.’s leading markets strategists struck a rare agreeable tone on Friday, each prophesying gains ahead for equities — at least in the near term.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael Latest: Hezbollah Warns on Escalation, US Depl  ( 34 min )

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Just as price increases are cooling off for most products and services people buy, inflation is heating up for some of the bigger-ticket items in household budgets: auto and homeowners insurance policies.  ( 22 min )

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Nio will reduce jobs this month and cut or defer some investment, as the electric-vehicle startup contends with widening losses and rising competition. Shanghai-based Nio will [cut about 10% of positions](https://www.wsj.com/business/nio-to-cut-jobs-investment-in-face-of-rising-competition-592c07c5  ( 23 min )

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(Bloomberg) -- Billionaire investor Stanley Druckenmiller isn’t letting up in his verbal sparring with Treasury Secretary Janet Yellen, saying her department is defending itself with faulty arithmetic.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesApple Warns of Sluggish Holiday Qu  ( 34 min )

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Influential investor Warren Buffett has been doling out investment advice since the beginning of his career. A staunch advocate of value investing in large-cap, well-managed equities, Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Investing in high-quality dividend stocks can help you generate substantial passive income, creating a sturdy cushion for retirement as well as side earnings. Companies categorized as dividend aristocrats have a  ( 35 min )

Bill Gates is a central figure in the tech and business sector, having transformed the technology landscape as the co-founder of Microsoft Inc. and becoming one of its most affluent individuals. He reached billionaire status in 1987, and by 1995, Forbes named him the world’s richest person, a distinction he held for most of the next two decades. Despite his immense wealth, for the first 10 years as a billionaire, he chose to fly in economy class. Now, he owns a fleet of jets and is one of the mo  ( 35 min )

In many Americans’ minds, the traditional retirement age is 65. But often people want to wrap up their career sooner than that. According to a 2021 report from Natixis Investment Managers, younger generations plan to retire earlier. Members of Generation Y … Continue reading → The post How to Retire at 64: Step-by-Step Plan appeared first on SmartAsset Blog.  ( 38 min )

I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My husband is on disability and doesn't work and does not have a 401(k) plan. I wanted to open a Roth IRA but I read that I make too much money. What options do […] The post Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More? appeared first on SmartReads by SmartAsset.  ( 35 min )

Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, a Goldman Sachs note on Friday showed, a sign that a sharp rally in shares on hopes that global rate hikes are over caught some off guard. Systematic fund managers, particularly those which had short bets on highly traded stock names, got caught trying to get out of crowded trades and found themselves stuck in losing positions, Goldman Sachs said. An index of these funds tracked by Goldman Sachs had their "third worst single day this year," the investment bank said in a note to clients.  ( 33 min )

Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial.  ( 21 min )

Charlie Munger isn't too worried about Apple's valuation. During a recent conversation with the Berkshire Hathaway vice chairman, I asked if he thought the tech giant's shares have gotten expensive to continue being a [major Berkshire holding](https://www.wsj.com/articles/berkshire-hathaway-kicks-o  ( 23 min )

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Saving for retirement is all about investing, and no matter how you go about it, you’re going to end up paying taxes on what you save and earn.  ( 35 min )

After already falling for two days, 30-year mortgage rates have plummeted another two-tenths of a point, lowering the average to its cheapest level since September.  ( 19 min )

Carvana stock popped after the company reported positive adjusted EPS. Wall Street had expected a loss.  ( 34 min )

The family who founded Pilot Travel Centers and sold 80% of it to Berkshire Hathaway has filed suit over valuing the final 20%. The post Haslam family sues Berkshire over valuing of final chunk of Pilot appeared first on FreightWaves.  ( 35 min )

Icahn Enterprises' shares jumped nearly 14% after the company said it would maintain its quarterly dividend. IEP said Friday it would pay a dividend of $1 a share in the third quarter, which represents a yield of around 20%. IEP also reported better-than-expected third-quarter revenue of $3 billion  ( 24 min )

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Nio is about to lay off 10% of its workforce, according to Reuters. It could have implications for Tesla, BYD, and other EV peers.  ( 24 min )

Consumer spending has long been a primary driver of the US economy. The average household, with its non-negotiable needs and its appetite for entertainment and relaxation, provides the support for a vast economic edifice – of retail, services, industry, and logistics. And, of course, for leisure. Theme parks are popular entertainment destinations, perfect for day trips or as the centerpiece of a longer vacation. The park industry has seen headwinds this year – high inflation has forced them to r  ( 37 min )

SBF’s enormous fraud was made possible with venture capital dollars.  ( 34 min )

The world's third richest person is leaving Washington, home to a new state-wide levy on asset disposals after a legal challenge failed in court this year.  ( 34 min )

The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.  ( 35 min )

Icahn Enterprises halved its dividend last quarter but says Friday it will keep the current $1 payout steady.  ( 20 min )

“This is not a diet. This is a resetting of the baseline,” said Maersk CEO Vincent Clerc on his company’s job cuts. The post Maersk cutting 10,000 jobs in face of ‘worsening market conditions’ appeared first on FreightWaves.  ( 36 min )

It might not be long until résumé are a thing of the past because most bosses are favoring skills-based hiring and reporting big results.  ( 34 min )

Rivals Palo Alto, ZScaler and CrowdStrike fell between 2.5% and 3.8%. Fortinet cut its annual revenue target on Thursday and said it expects current-quarter sales between $1.38 billion and $1.44 billion, below estimates of $1.50 billion, LSEG data showed. "We thought sentiment reflected an expectation for a miss/ guide down, but the magnitude was even worse than our bogeys," said Raymond James analysts.  ( 33 min )

(Bloomberg) -- US Treasury Secretary Janet Yellen disputed billionaire investor Stan Druckenmiller’s assertion that her department had made “the biggest blunder in history” by not taking advantage of near-zero interest rates to sell more longer-term bonds.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App M  ( 33 min )

Google has ended its agreement with real estate developer Landlease for its San Francisco Bay Project, effectively scrapping its plans to build a campus with thousands of homes for employees and locals.  ( 33 min )

If you're in your mid-60s and still working, it may be time to start seriously planning for retirement. That doesn't mean you need to leave work immediately, but retirement is likely on the horizon. Imagine you're 65 years old, you have $250,000 in an IRA and expect to receive $3,000 per month from Social Security. […] The post I Have $250k in an IRA and Will Receive $3,000 Monthly From Social Security. Can I Retire in 5 Years at 70? appeared first on SmartReads by SmartAsset.  ( 35 min )

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I have a million dollars and I want to put it to work for me. Where can I put it to make the most amount of passive income from it? Also, how can I minimize taxes on that to be able to keep more of that money? – Andrea While today's high-interest rate environment has […] The post Ask an Advisor: I Have $1 Million and Want It to Work for Me. How Do I Maximize Passive Income and Minimize Taxes? appeared first on SmartReads by SmartAsset.  ( 36 min )

Chinese electric-vehicle maker Nio will reduce positions and cut or defer some investment, moves aimed at boosting its viability as it contends with widening losses and rising competition.  ( 27 min )

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(Bloomberg) -- A brief cash squeeze rattled China’s money markets earlier this week, illustrating how the nation’s tightly-managed financial system is under strain from the government’s deluge of debt sales.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaHarvard, Yale Wa  ( 34 min )

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway is poised to show that persistently high interest rates have helped the conglomerate more than they hindered it. Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaHarvard, Yale Warned by Top Law Firms About AntisemitismThe  ( 35 min )

The iPhone maker on Thursday predicted quarterly sales that were below market estimates, blaming weak demand for iPads and wearables, especially in key market China. The projection fanned fears about broader holiday demand, with estimates including those from the U.S. National Retail Federation and Deloitte predicting the slowest rise in sales in the crucial shopping period in years due to sticky inflation. "Apple's revenue growth has stalled over the past few quarters - and appears likely to continue to stagnate over the next year," said brokerage Bernstein, noting the holiday quarter usually sets the tone for Apple's fiscal year that runs until September.  ( 33 min )

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(Bloomberg) -- Nio Inc. said it is cutting jobs and and may spin off non-core businesses to reduce costs and improve efficiency, as the Chinese electric-vehicle maker falls way short of its sales targets and continues to post losses.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Cr  ( 35 min )

“Why should he try and pick his own stocks? He doesn’t design his own electric motors and his egg beater.” Berkshire Hathaway’s vice chairman on why most investors should stick with index funds, and other questions.  ( 28 min )

Apple's forecast for the holiday quarter disappoints, Block stock surges on strong guidance, and Bill Holdings slumps after a weak outlook from the financial platform.  ( 28 min )

Gold has been stuck near $2,000 since 2020, and goldbugs might need to wait for another bullish catalyst.  ( 35 min )

The UAW announces that Local 900 voted 82% in favor of the new labor contract.  ( 24 min )

(Bloomberg) -- Apple Inc.’s disappointing holiday-quarter outlook has cast a spotlight on its mounting problems in China, where the iPhone maker is struggling with the unexpected rise of Huawei Technologies Co. and an increasingly hostile business environment.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaIsrael Latest: Blinken Set fo  ( 35 min )

Shipping group A.P. Moller-Maersk on Friday said it now expects full-year operating profit at the lower end of its range and would cut 10,000 jobs as it faces lower freight rates and subdued demand for container shipping. "Our industry is facing a new normal with subdued demand, prices back in line with historical levels and inflationary pressure on our cost base," CEO Vincent Clerc said in a statement. "Since the summer, we have seen overcapacity across most regions triggering price drops and no noticeable uptick in ship recycling or idling," he said.  ( 33 min )

Analysts expect midteens annualized earnings growth over the next two years, which should pump Meta Platforms stock higher, especially considering that it isn’t very expensive.  ( 23 min )

Three passengers who were aboard an Alaska Airlines jet when an off-duty pilot riding in the cockpit "jump seat" allegedly tried to disable the plane's engines sued the Seattle-based carrier on Thursday, accusing it of breaching its duty to ensure flight safety. The lawsuit, which also names Horizon Air as a defendant, stems from an in-flight emergency declared by the crew of Alaska Airlines Flight 2059 over the Pacific Northwest while the aircraft was en route from Everett, Washington, to San Francisco, on Oct 22. The Alaska Airlines flight was operated by the group's regional subsidiary Horizon Air.  ( 33 min )

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Bitcoin and Ether Drop 3% In Choppy Trading  ( 33 min )

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All CEOs know how to stay on message, but the Apple CEO's comments about generative AI are on a whole other level.  ( 34 min )

The guilty verdict reached by a jury Thursday concludes a dramatic fall for a 31-year-old entrepreneur who presided over the largest crypto collapse in history.  ( 35 min )

Amazon.com Inc punished its own sellers to limit Walmart's reach as Walmart got into e-commerce, according to the Federal Trade Commission (FTC). In addition to making $1 billion by using a secret algorithm called "Project Nessie" to push up the prices that U.S. households pay, Amazon may have also succeeded in curbing Walmart's ambitions. In 2014, the arrival of Jet.com triggered fear at Amazon that Jet.com would be able to offer shoppers lower prices online, the FTC said on Thursday, kick-starting Amazon's strategy of removing sellers’ offers from the Buy Box if shoppers could find the same products at lower prices on Jet.com.  ( 34 min )

Bitcoin is the first decentralized peer-to-peer payment network and cryptocurrency. Users (and not central governments or banks) determine its value. They could undermine the role of governments in the financial system.  ( 26 min )

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 19 min )

How does the Federal Reserve System affect ordinary citizens? In more ways than you might realize.  ( 21 min )

If you've found it harder to save this year, you're not alone. Inflation is tightening Americans' abilities to put cash away, which can cause problems if an emergency hits.  ( 16 min )

Traditional and Roth IRAs offer a tax-advantaged way to save for retirement, but there are contribution limits and strict rules regarding withdrawals.  ( 28 min )

Choosing a Medicare plan starts by assessing your needs and knowing your options. We’ll help you find the best Medicare Advantage plan in six easy steps.  ( 26 min )

Block Inc. shares surged Friday after the fintech company posted a smaller-than-expected loss for the third quarter and boosted its full-year guidance, thanks to strong revenue and user growth on its Cash App.  ( 17 min )

Tax-deferred status refers to investment earnings that accumulate tax-free until the investor takes constructive receipt of the gains. The most common types of tax-deferred investments include individual retirement accounts and deferred annuities.  ( 20 min )

The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 17 min )

The Medicare Part B premium is a monthly fee participants pay for subsidized insurance coverage of outpatient health care services. In 2024, the monthly premium is $174.70.  ( 28 min )

A revolving loan facility allows a borrower to obtain a loan with the flexibility to drawdown, repay, and redraw loans advanced to it.  ( 23 min )

Restaurant Brands shares dropped after reporting lower-than-expected revenue for the third quarter as comparable store sales growth slowed at Burger King.  ( 17 min )

While Americans have been buying up gold bars at Costco with enthusiasm, global demand for gold fell slightly in the third quarter compared to last year, a report from the World Gold Council earlier this week showed.  ( 18 min )

The Economic Recovery Tax Act of 1981 was a law for the largest tax cut in American history. Much of it was reversed a year later.  ( 20 min )

Learn what financial assistance exists to help you pay for health insurance, including Medicare savings program, the premium tax credit, and cost-sharing reductions.  ( 27 min )

Expedia shares soared 18% Friday after posting better-than-expected results and announcing a stock buyback plan as travel demand boomed.  ( 17 min )

By participating in your employer-sponsored retirement plan, you earn several benefits. Here are three reasons to sign up.  ( 24 min )

Learn what steps need to be taken in order to obtain the Financial Risk Manager designation.  ( 21 min )

Apple shares lost ground Friday after the company's third-quarter earnings showed revenue declining with sales in China dropping, though some analysts suggest worries about Apple's sales in China may be overblown.  ( 18 min )

It might not be the most glamorous gift, but giving life insurance as a present to a loved one can make a big difference to someone's financial security.  ( 26 min )

Employers can bolster workers’ long-term financial security by educating them on the full consequences of 401(k) loans and offering alternatives.  ( 25 min )

The new headline 5.27% I bond rate only applies to new bonds. Your new rate for an existing I bond is likely much lower, and you may be better off cashing it out for a CD.  ( 21 min )

The Asian Currency Unit (ACU) was a proposed a basket of Asian currencies, similar to the European Currency Unit, which was the precursor to the euro.  ( 21 min )

Almost exactly a year since FTX collapsed, its founder and former CEO was found guilty on multiple counts of fraud. While this verdict was expected by many, what does it mean for the future of the cryptocurrency markets and more importantly retail investors putting their money in them?  ( 19 min )

Spousal IRA contributions allow a working spouse to put money in their nonworking spouse's retirement account, if they meet these requirements.  ( 25 min )

Robert J. Aumann is a mathematician and economist famous for his work on game theory, who won the 2005 Nobel Prize in Economics.  ( 24 min )

Just as price increases are cooling off for most products and services people buy, inflation is heating up for some of the bigger-ticket items in household budgets: auto and homeowners insurance policies.  ( 21 min )

Investopedia's guide to how Chase's Ultimate Rewards Program works and how to make the most of earning and redeeming points.  ( 28 min )

An inverse ETF is an exchange-traded fund that uses various derivatives to profit from a decline in the value of an underlying benchmark.  ( 25 min )

Learn about the double-entry method of bookkeeping and how it works in the general ledger. Every accounting transaction has two effects on finances.  ( 21 min )

Bitcoin gold is a hard fork of bitcoin that attempts to decentralize the mining process.  ( 26 min )

The equity method is an accounting technique used by a company to record the profits earned through its investment in another company. Learn more about how it works.  ( 26 min )

Lower-than-expected job creation in October boosted optimism the Fed will stop raising interest rates, sending U.S. equities higher at midday on Friday, Nov. 3, 2023.  ( 17 min )

Paramount shares surged after reporting profit and sales that beat estimates as it got a boost from NFL viewership and a jump in streaming subscribers.  ( 17 min )

Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial.  ( 19 min )

Learn about the different economic points to starting and operating a restaurant and how to potentially lower your costs to improve profitability.  ( 23 min )

DraftKings shares jumped after reporting revenue skyrocketed as the company gained new users.  ( 17 min )

Holiday sales are set to grow 3% to 4%, with consumers averaging about $875 on purchases, the National Retail Federation reported.  ( 19 min )

Learn about the rules and regulations on short selling enforced by the U.S. Securities and Exchange Commission (SEC), including the uptick rule.  ( 27 min )

Central banks use various methods to change their nations’ money supplies, such as adjusting reserve balance requirements and certain interest rates they control.  ( 25 min )

After already falling for two days, 30-year mortgage rates have plummeted another two-tenths of a point, lowering the average to its cheapest level since September.  ( 19 min )

Here is how much money you and your employer can contribute to your 401(k) retirement savings plan in 2022 and 2023.  ( 25 min )

Wealthfront and Vanguard Personal Advisor are both excellent wealth management platforms. Wealthfront is the better all-digital solution, while Vanguard Personal Advisor is better if you want a human touch.  ( 29 min )

Compare Wealthfront and Merrill Guided Investing to learn which of these top robo-advisors is the right one for your automated investing strategy and financial goals.  ( 27 min )

Compare Wealthfront and E*TRADE Core Portfolios, two robo-advisors with low minimum deposits and reasonable fees, to see which one is best for your financial goals.  ( 28 min )

We compared portfolio management, usability, and fees for the best robo-advisors of 2023. Find the best, automated investing portfolio builders for your needs.  ( 41 min )

Activity driver analysis identifies and assesses the factors involved in the costing of goods and services and is part of activity-based costing.  ( 22 min )

The labor market isn’t quite as hot as it seemed a month ago. U.S. employers added 150,000 jobs in October, the Bureau of Labor Statistics said Friday, the lowest since June and slightly over half the 297,000 added in September.  ( 18 min )

If you own a small business, the self-employed 401(k) or solo 401(k) has some clear advantages over other retirement planning options that are available to you.  ( 28 min )

An individual 401(k) retirement savings plan has some advantages over a SEP IRA if you are a sole proprietor.  ( 25 min )

Shares of Apple fell after reporting its fourth consecutive quarter of declining revenue, and the Labor Department's monthly jobs report is expected to show job growth slowing. Here’s what investors need to know today.  ( 18 min )

A prepaid expense is an asset on a balance sheet that results from a business making advanced payments for goods or services to be received in the future.  ( 24 min )

Roth IRAs offer retirees some unique advantages in terms of taxes, withdrawals, and the ability to pass along wealth to the next generation.  ( 27 min )

Apple shares lost ground Friday after the company's third-quarter earnings showed revenue declining with sales in China dropping, though some analysts suggest worries about Apple's sales in China may be overblown.  ( 1 min )

The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 1 min )

Block Inc. shares surged Friday after the fintech company posted a smaller-than-expected loss for the third quarter and boosted its full-year guidance, thanks to strong revenue and user growth on its Cash App.  ( 1 min )

While Americans have been buying up gold bars at Costco with enthusiasm, global demand for gold fell slightly in the third quarter compared to last year, a report from the World Gold Council earlier this week showed.  ( 1 min )

Lower-than-expected job creation in October boosted optimism the Fed will stop raising interest rates, sending U.S. equities higher at midday on Friday, Nov. 3, 2023.  ( 1 min )

Stock futures were little changed ahead of an October jobs report that is expected to show hiring slowed from September's breakneck pace.  ( 1 min )

Shares of Apple fell after reporting its fourth consecutive quarter of declining revenue, and the Labor Department's monthly jobs report is expected to show job growth slowing. Here’s what investors need to know today.  ( 1 min )

Tata Steel wil dat uiterlijk in 2029 zijn fabriek in IJmuiden schoner draait. De plannen om duurzamer staal te maken, kosten volgens Tata miljarden euro's. Het bedrijf wil dat de overheid daaraan meebetaalt.  ( 10 min )

Het is technisch niet haalbaar om de studierente voor studenten die onder het leenstelsel vielen volgend jaar te bevriezen op het niveau van dit jaar. Dat schrijft minister Robbert Dijkgraaf (Onderwijs) vrijdag aan de Tweede Kamer.  ( 8 min )

Het Amerikaanse ministerie van Transport is niet gediend van het terugdringen van de ruimte voor Amerikaanse luchtvaartmaatschappijen op Schiphol. Het ministerie beraadt zich op tegenmaatregelen, staat in een brief die is ingezien door persbureau ANP.  ( 8 min )

Storm Ciarán, die donderdag over ons land trok, heeft voor ongeveer 15 miljoen euro aan schade veroorzaakt, zo meldt het Verbond van Verzekeraars (VvV). Dit blijkt uit een eerste schatting van de organisatie.  ( 9 min )

Pepijn van der S. is vrijdag door de rechtbank van Amsterdam veroordeeld tot vier jaar gevangenisstraf, waarvan één jaar voorwaardelijk. De Nederlander is schuldig aan het hacken van computersystemen, afpersing en chantage. Ook heeft hij ruim 1,5 miljoen euro witgewassen.  ( 9 min )

De Rabobank financiert honderden boeren in Brazilië die zich schuldig hebben gemaakt aan illegale ontbossing, blijkt uit onderzoek van het FD. De bank zegt "een nultolerantiebeleid" te voeren, maar verstrekte wel leningen aan boeren die een sanctie hadden gekregen voor illegale ontbossing.  ( 9 min )

De Rabobank financiert honderden boeren in Brazilië die zich schuldig hebben gemaakt aan illegale ontbossing, blijkt uit onderzoek van het FD. De bank zegt "een nultolerantiebeleid" te voeren, maar verstrekte wel leningen aan boeren die een sanctie hadden gekregen voor illegale ontbossing.  ( 9 min )

De prijzen voor basisvoedsel zoals graan en olie zakken nog verder op de wereldmarkt. Alleen zuivel is wat duurder geworden door de zorgen over de gevolgen van El Niño op Australische koeien.  ( 9 min )

Storm Ciarán raasde donderdag over ons land en zorgde voor hinder en schade. Als je huis is geraakt, ben je daar in veel gevallen voor verzekerd. Je moet dan wel moeite hebben gestoken in het vastzetten of opruimen van spullen.  ( 9 min )

Bij Maersk, dat ook in Nederland actief is, verdwijnen zo'n tienduizend arbeidsplaatsen. Het bedrijf is een van de grootste containerrederijen ter wereld en ziet dat er steeds minder vraag is naar zijn diensten.  ( 8 min )

De omzet van Apple is afgelopen kwartaal met 0,7 procent gedaald ten opzichte van dezelfde periode vorig jaar. De omzetdaling is veroorzaakt doordat het techbedrijf minder tablets en computers heeft verkocht. Daarnaast daalde de verkoop van smartwatches en slimme speakers.  ( 9 min )

De vermogens zijn nergens zo klein als in Rotterdam. Gemiddeld heeft een huishouden in Rotterdam 11.800 euro aan vermogen, zoals spaargeld, aandelen of een koophuis. Dat meldt statistiekbureau CBS op basis van cijfers van vorig jaar.  ( 9 min )

De oprichter van de failliete cryptobeurs FTX, Sam Bankman-Fried, heeft zich schuldig gemaakt aan het oplichten van zijn klanten. Dat heeft een jury donderdag bepaald in de rechtszaak tegen de voormalig topman.  ( 9 min )

House Republicans went after the IRS — long a GOP whipping child — when they decided that emergency aid for Israel should be coupled with cuts elsewhere in the budget. The aid bill that passed the House on Thursday — unlikely to be approved by the Democratic-controlled Senate — would cut $14 billion from the nation's tax collector in exchange for providing assistance to Israel. President Joe Biden has said he would veto the bill if it reaches his desk.  ( 33 min )

Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty on all seven counts related to fraud and money laundering. The defendant is "charged with a wide-ranging scheme to misappropriate billions of dollars of customer funds deposited with FTX and mislead investors and lenders to FTX and to Alameda Research," a release from the U.S. attorney's office at the Southern District of New York stated. The decision was handed down on Thursday, following a five-week trial that dug deep into how one of the biggest crypto exchanges and its sister trading company collapsed about a year ago.  ( 32 min )

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Bob Goldberg, CEO of the National Association of Realtors, announced his resignation.  ( 33 min )

Paramount said its June streaming price hike "won't be the last price increase that we do."  ( 35 min )

Overall revenue declined, though iPhone sales were $43.8 billion, up 3% from a year ago.  ( 30 min )

Investors pushed Coinbase's stock lower after the exchange reported a third-quarter loss that beat Wall Street expectations.  ( 34 min )

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Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.00% from two more nationwide credit unions.  ( 21 min )

The Q4 2023 earnings report has arrived with Apple's board of directors declaring a $0.24 per share after another year-over-year revenue decline.  ( 32 min )

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Travel operators in the last few months have seen a strong rebound in international travel as consumers took advantage of a strong dollar, flexible work arrangements and fewer mandates to vacation overseas. Booking's expenses rose 22% in the reported quarter on higher marketing and personnel spend. The company reported gross travel bookings, which refers to the total dollar value of travel services booked by customers, of $39.8 billion, up 24% from a year ago.  ( 33 min )

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(Reuters) -Apple on Thursday reported quarterly sales and profit that beat Wall Street expectations, with iPhone sales up 2.8% and in line with Wall Street expectations, helping offset large drops in Mac and iPad sales. The Cupertino, California, company has navigated a global smartphone slump better than many of its rivals but faces an uneven economic recovery in China, a key market for Apple. Apple said sales for the fiscal fourth quarter ended Sept. 30 fell roughly 1% to $89.50 billion, with nearly $1 billion more in services revenue than Wall Street expected, helping the overall total beat analyst estimates of $89.28 billion, according to LSEG data.  ( 34 min )

Apple reported quarterly earnings after the bell on Thursday that topped expectations, but shares fell as the company offered a cautious outlook for the holiday period.  ( 35 min )

Apple reported quarterly earnings after the bell on Thursday that topped expectations.  ( 35 min )

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Moderna reports loss for another quarter as it works to regain momentum after vaccine sales slump.  ( 34 min )

The growth opportunities at Amazon Web Services could exceed the upside potential of Amazon.com’s e-commerce business, HSBC Global Research says.  ( 19 min )

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Paramount reported quarterly earnings after the bell on Thursday. Here's what to know.  ( 35 min )

(Bloomberg) -- Cedar Fair Entertainment Co. is acquiring rival Six Flags Entertainment Corp. for about $1.88 billion in a deal that will create one of the biggest theme-park operators in the Americas. Most Read from BloombergBankman-Fried Found Guilty of Fraud at FTX Criminal TrialIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaAmazon’s Jeff Bezos Announces Move to Miami From SeattleS&P 500 Rises Almost 2%; Apple Down in Late Hours: Markets WrapIsrael Latest: Blinken Set  ( 34 min )

A New York jury began deliberating on Thursday whether FTX founder Sam Bankman-Fried was guilty of fraud in the disappearance of billions of dollars from his customers’ accounts on the cryptocurrency exchange he created four years ago. Sassoon, who cross examined Bankman-Fried late last week and early this week, said Bankman-Fried wanted to be U.S. president some day but first wanted to have the biggest cryptocurrency exchange in the world.  ( 34 min )

Results form AMD and Taiwan Semiconductor suggest AI demand can survive an economic slowdown—and geopolitical worries.  ( 27 min )

For several months, real estate investment trusts (REITs) have been hammered by rising interest rates, fears of recession and skepticism about REITs in the market. But nothing turns a bear market slide around fast like earnings beats. And investors are happy to see that several REITs have reported quality earnings this past week. Take a look at three REITs that suffered large declines in share price over the past few months, only to jump up in price after posting solid earnings that beat the Str  ( 35 min )

Warren Buffett is the richest wealth manager in the world, with a net worth of over $115 billion. He ranked #5 on the world's real-time billionaires list published by Forbes. Buffett is often considered a "guru" in the investment world, is known for his value investing strategies and often focuses on investing in large-cap equities rather than trading speculative stocks. He believes in purchasing securities and holding them indefinitely, thereby reaping the benefits of compounding capital gains.  ( 35 min )

The jury is set to deliberate Thursday afternoon after the judge instructs them on how to weigh the evidence.  ( 34 min )

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DETROIT/WASHINGTON (Reuters) -The United Auto Workers on Thursday signaled the next step in the union's campaign to capitalize on its success in bargaining with the Detroit Three: launching organizing drives at Toyota, Tesla and other nonunion U.S. auto factories. UAW President Shawn Fain began his video comments on the Stellantis contract with an appeal to workers at Toyota, which on Wednesday offered pay and benefit increases after the Detroit Three contract talks concluded. "They could have just as easily raised wages a month ago or a year ago," Fain said of Toyota.  ( 35 min )

(Bloomberg) -- A proposed deal to restructure one of the largest piles of US distressed debt is drawing ire from creditors who have been left out of the transaction. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaS&P 500 Set for Biggest Gain Since May Before Jobs: Markets WrapJamie Dimon Warns Texas to Stop Pushing Anti-Business LawsIsrael Latest: Troops Encircle Gaza City as Death Toll Cli  ( 35 min )

PayPal shares gained as the payment system provider reported better-than-expected results, raised its outlook, and its new CEO promised to cut costs.  ( 17 min )

Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 41 min )

JPMorgan Chase Jamie Dimon and execs with other big banks are seeing a divergence between the two ends of their customer bases.  ( 37 min )

Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, has earned a reputation for his thrifty lifestyle and practical approach to finances. Yet, during the holiday season, Buffett reveals a different side of himself, one marked by generosity and a unique approach to gift-giving. From practical items such as dresses and chocolates to envelopes filled with cash, Buffett’s gifts are a reflection of his values of practicality, gratitude and a hint of humor. A hallmark of Buffett’s hol  ( 35 min )

Electric vehicle sales and demand might be stalling in parts of the US, but don't tell that to California.  ( 35 min )

(Bloomberg) -- Bill Gross believes the “regional bank falling knife has hit bottom,” suggesting that it’s no longer dangerous to invest in regionals, and deviating from his recent statement that he wanted to wait a little longer before purchasing. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaWall Street Rally Keeps Going in Run-Up to Jobs: Markets WrapPowell Hints Fed Is Done With Hikes i  ( 32 min )

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The victory over Liberty Global will help the agency combat aggressive corporate tax maneuvers and collect more money from other companies.  ( 28 min )

The deal will give the combined company reach to fend off larger competitors, executives said.  ( 28 min )

Rates fell for a second day in a row, dropping the 30-year average to its lowest point in almost three weeks. Averages for most other loan types also declined.  ( 21 min )

Roku stock soared after the company reported strong fourth quarter guidance and pointed to further signs of an ad market recovery.  ( 36 min )

Social Security benefits are included in your adjusted gross income (AGI) if your total income, which consists in half of your Social Security benefits and other sources of income, exceeds a certain threshold. This can affect the taxation of those benefits and your eligibility for various tax credits and deductions, which in turn can impact […] The post Is Social Security Included in Your AGI? appeared first on SmartReads by SmartAsset.  ( 34 min )

Tesla CEO Elon Musk said the valuation could hit $4 trillion, but that the company would need to “knock the ball out of the park several times.”  ( 24 min )

You pay $1 million upfront and receive $5,000 a month after retiring. Simple, right? Unfortunately, annuities are rife with complexities that can prevent a clear understanding of their benefits and potential pitfalls. This insurance product is often considered a safe investment, but annuities have their own risks. Here’s why they might be a bad investment […] The post 8 Reasons Annuities Might Be a Bad Investment for You appeared first on SmartReads by SmartAsset.  ( 35 min )

(Bloomberg) -- The bonhomie was flowing inside the Great Banking Hall in Toronto as the city’s hedge fund barons arrived to toast their success and themselves.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaTech Giants Lead Stock Gains as Bond Yields Slide: Markets WrapPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave Gaza  ( 38 min )

Nikola’s recall cost burden and lack of production lead to a dismal Q3 earnings report but the company sees light ahead. The post Nikola electric truck recall price tag $61.8M appeared first on FreightWaves.  ( 34 min )

Moderna (MRNA) swung to a loss and posted a steep drop in quarterly sales, weighed down by soft demand for its Covid-19 vaccine. The company also forecast sales of about $4 billion for next year, softer than Wall Street analysts were expecting. Mod  ( 25 min )

Charles Schwab laid off about 5% to 6% of its workforce this week, according to a company spokesperson, as the financial services firm works to cut costs. The company had 35,900 employees at the end of September, according to Charles Schwab's latest quarterly report — meaning this week's cuts could impact roughly 2,000 employees. “These were hard but necessary steps to ensure Schwab remains highly competitive, with industry-leading levels of efficiency, well into the future," a Charles Schwab spokesperson said in a statement to The Associated Press Thursday.  ( 33 min )

Average retirement income varies widely across the U.S. In the state with the highest-income retirees, the average retired household brings in more than twice as much in the state with the lowest retirement income figures. Differences are due to local variations in wages and salaries, cost of living, tax rules, the incidence of pension plans […] The post What Is the Average Monthly Retirement Income in Every State? appeared first on SmartReads by SmartAsset.  ( 34 min )

ARK Invest announced Wednesday that its ARK Venture Fund has a stake in Elon Musk's SpaceX. It's not a pure-play investment, but it's a way in.  ( 22 min )

Shares of Apple rose in early trading Thursday ahead of the tech giant’s next quarterly results, expected after the closing bell. Apple’s shares were recently up nearly 2%. They rose Wednesday, closing at $173.97, up 34% in 2023 so far—though they’ve fallen since their last [earnings report in Augu  ( 24 min )

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Tech giant Apple is set to report its latest quarterly financial results after the closing bell today. Here's a rundown of Wall Street analysts' current hi  ( 24 min )

SolarEdge Technologies stock dived as investors digested its weak revenue outlook and earnings, and some analysts downgraded the shares.  ( 22 min )

Gasoline prices have been on a downward trend. They're expected to keep sliding through the end of the year, as long as oil prices don't surge.  ( 34 min )

Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 35 min )

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Nikola posted a wider loss in the third quarter on Thursday, after the electric truck maker suspended sales and recalled its battery-electric heavy duty trucks. Nikola in August recalled all the 209 battery-powered electric trucks that it had delivered and suspended sales after an investigation into recent fires found a coolant leak inside a battery pack as the cause. Despite the Tre battery-electric truck being recalled, Nikola said it received orders for 47 vehicles from a dealer.  ( 33 min )

Gundlach predicted a recession was likely to hit the U.S. within a matter of months.  ( 33 min )

Starbucks stock surges after the coffee chain posts stronger-than-expected fiscal fourth-quarter sales and earnings.  ( 22 min )

Lilly cuts its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.  ( 22 min )

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Albemarle reported third-quarter earnings per share of $2.74 from sales of $2.3 billion. Wall Street was looking for $3.77 and $2.5 billion, respectively.  ( 22 min )

The stock was down more than 13 percent in pre-market trading.  ( 34 min )

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Investors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.  ( 35 min )

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(Bloomberg) -- Shopify Inc. reported sales and profit for the third quarter that beat analyst expectations after the Canadian e-commerce giant slashed costs and partnered with Amazon.com Inc. for its fulfillment network.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsStocks, Bon  ( 33 min )

(Bloomberg) -- Palantir Technologies Inc. surged more than 13% in early trading after the company reported the fourth consecutive quarter of profitability and highest earnings since its founding 20 years ago, citing strong demand for new artificial intelligence offerings.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Ta  ( 34 min )

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Cedar Fair and Six Flags Entertainment Corp. are merging, creating an expansive amusement park operator with operations spread across 17 states and three countries. The combined company will include 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico. Cedar Fair unitholders will receive one share of common stock in the combined company for each unit owned, while Six Flags shareholders will receive 0.5800 shares of stock in the combined company for each share owned.  ( 33 min )

Investors should deeply consider the perspectives that the most powerful financier in the world just articulated to Yahoo Finance.  ( 37 min )

Investors should deeply consider the perspectives that the most powerful financier in the world just articulated to Yahoo Finance.  ( 37 min )

(Reuters) -U.S. oil producer ConocoPhillips on Thursday beat Wall Street's estimates for third-quarter profit and raised its quarterly dividend 14%, amid higher prices and production. Shares rose more than 5% on the dividend increase, with the company saying it could sustain the higher level through 2024 depending on oil and gas prices. The cash distribution comes during industry consolidation that has created stronger rivals in U.S. shale, where Conoco is a major player with production of 1.8 million barrels of oil equivalent per day (boepd).  ( 33 min )

(Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday, betting on strong demand for its new artificial intelligence platform from clients including U.S. government agencies. In a positive sign of future demand for its new platform, Palantir said it was seeing strong interest in the "AI bootcamps" it had launched in October to give clients access for one to five days. "By the end of November, we're on track to conduct bootcamps with 140 organizations and half of those will take place in (that month)," Chief Revenue Officer Ryan Taylor said.  ( 33 min )

Palantir reported revenue of $558 million, up 17% from a year ago, and an adjusted profit of 7 cents a share, a penny above the consensus.  ( 27 min )

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Lilly slashes its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.  ( 20 min )

While Americans are still shelling out for their pumpkin spice lattes, Chinese consumers are pulling back their spending.  ( 36 min )

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The company’s net loss for the quarter was $3.6 billion. Analysts had anticipated a net loss of $728 million.  ( 25 min )

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U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said on Thursday. Elon Musk's Tesla has prioritised sales over earnings, particularly in China, where the U.S. EV giant has come under growing pressure from local rivals. Tesla's market share in China's EV segment shrank to 9.89% in the third quarter from 12.98% in the second quarter and 9.93% a year earlier.  ( 33 min )

Novo Nordisk stock gained after earnings were boosted by demand for Wegovy and Ozempic. The report comes amid what has been a surprisingly grim two weeks for pharmaceutical stocks.  ( 26 min )

(Bloomberg) -- Asian shares jumped as the Federal Reserve’s signaling of an end to its historic monetary tightening campaign revived demand for risk assets. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Markets WrapStock benchm  ( 35 min )

Shell launched a $3.5 billion share buyback program after third-quarter earnings rose on higher refining margins, oil prices and sales, but slightly missed market expectations.  ( 27 min )

Lufthansa said it expected capacity in the current quarter to reach around 91% of 2019 levels and confirmed its adjusted EBIT forecast for the year after it reported third-quarter earnings ahead of consensus.  ( 27 min )

Novo Nordisk on Thursday reported record sales and operating profits for the third quarter but flagged continued restrictions on supplies of its hugely popular Wegovy weight-loss drug. Novo has struggled to keep up with soaring demand for the appetite-suppressing, anti-obesity drug and has limited the number of patients who can start treatment. "While supply capacity for Wegovy is gradually being expanded, the supply of the lower dose strengths in the U.S. will remain restricted to safeguard continuity of care," the company said in a statement.  ( 33 min )

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The Q3 earnings have gotten off to a good start, with approximately three-quarters of reporting companies beating their forecasts. This development follows the Q3 GDP report, which indicated an annualized economic expansion of 4.9% for the period. One class of stocks likely to sees gains on this strength is the REIT segment, the real estate investment trust. As consumers start feeling the benefits of economic growth, particularly if interest rates are brought down next year, demand for real esta  ( 36 min )

Grayscale's GBTC Has Tripled This Year, Outperforming Underlying Bitcoin  ( 34 min )

All the major Asian equity markets are higher, as are U.S and European stock futures. While Federal Reserve Chair Jerome Powell maintained the option of another hike, he sounded less than committed to the idea. Meanwhile, the probability of a rate cut by June next year advanced to almost 70% and futures now imply around 85 basis points of easing for all of 2024.  ( 33 min )

The central bank took a small but meaningful step toward normalizing monetary policy in the world’s third-largest economy. It could signal an important change in strategy.  ( 25 min )

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(Bloomberg) -- Vanguard Group Inc. is taking its last steps to exit China and shut down its office in the 29 trillion yuan ($4 trillion) mutual fund market.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Markets WrapVanguard has  ( 32 min )

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(Bloomberg) -- The promise of the renewable energy industry, underscored by Sunrun Inc.’s acquisition of Vivint Solar three years ago, had investors rushing to jump in. Now, solar stocks are facing a major sell-off, spurring Sunrun to take a $1.2 billion charge to write down the value of its purchase.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on Com  ( 34 min )

The S&P 500 added 1.9% on Thursday, Nov. 2, 2023, amid optimism that the Federal Reserve might stop boosting interest rates to bring down inflation.  ( 1 min )

U.S. equities posted strong gains at midday on Thursday, Nov. 2, 2023 amid enthusiasm that the Federal Reserve may not raise interest rates to fight inflation any more this year.  ( 1 min )

Stock futures were higher in premarket trading Thursday as markets continued to rally on Fed Chair Jerome Powell's comments yesterday that investors have taken as a hint the Fed is done raising rates.  ( 1 min )

Starbucks shares rose after reporting an 8% year-over-year jump in global sales and amusement park operators Six Flags and Cedar Fair agreed to a $2 billion merger. Here’s what investors need to know today.  ( 1 min )

The S&P 500 gained 1% on Wednesday, Nov. 1, 2023, as the Fed kept interest rates at current levels but left open a possibility for additional hikes.  ( 1 min )

A study from the Pew Research Center provides evidence that the American middle class is losing ground financially.  ( 25 min )

An available-for-sale security is a security procured with the plan to sell before maturity or to hold it for a long period if there is no maturity date.  ( 23 min )

The company expects Services and iPhone revenue to drive growth in upcoming quarters.  ( 17 min )

Satoshi Nakamoto is the name used by the creator(s) of Bitcoin. Learn more about this unknown developer and who it might be.  ( 26 min )

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.00% from two more nationwide credit unions.  ( 19 min )

The S&P 500 added 1.9% on Thursday, Nov. 2, 2023, amid optimism that the Federal Reserve might stop boosting interest rates to bring down inflation.  ( 16 min )

The European Economic Area (EEA) Agreement is an agreement made in 1992 that brought together the European Union (EU).  ( 25 min )

Self-directed retirement accounts typically offer a broader range of investment choices than regular 401(k) and IRA plans.  ( 26 min )

Moderna shares tumbled after reporting a steep loss as demand for its COVID-19 vaccine fell and it cut back on production of the shot.  ( 17 min )

Shares of payments provider Affirm jumped more than 19% after expanding its partnership with Amazon to offer buy now, pay later (BNPL) services to the e-commerce giant's business-to-business (B2B) clients.  ( 18 min )

Shopify's gross merchandise volume soared, helping the e-commerce site post better-than-expected quarterly results  ( 16 min )

The accounts payable turnover ratio is a short-term liquidity measure used to quantify the rate at which a company pays off its suppliers.  ( 23 min )

A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.  ( 30 min )

A 529 plan is a tax-advantaged account that can be used to pay for qualified education costs, including college, K–12, and apprenticeship programs. Starting in 2024, a specified amount of unspent funds can be transferred to a Roth IRA.  ( 25 min )

The combined Six Flags and Cedar Fair company will be worth $8 billion, becoming one of the biggest theme park operators in the Americas.  ( 17 min )

There's a big difference in the maximum annual contributions allowed in a 401(k) or an IRA, regardless of whether it is a Roth or a traditional account.  ( 26 min )

See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 26 min )

Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 25 min )

A business loan is a type of financing that is used by businesses. Companies can obtain business loans from a bank, an online lender, or a credit union.  ( 25 min )

Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )

Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 26 min )

Bask Bank offers an attractive pair of savings accounts: One is a typical high-yield savings account, but the other earns American Airlines AAdvantage miles.  ( 22 min )

Palantir shares rose more than 20% in intraday trading Thursday after the company's third-quarter earnings beat estimates driven by demand for its artificial intelligence platform.  ( 18 min )

The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )

A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 22 min )

Joseph Stiglitz is an American and New Keynesian economist. He is the winner of the 2001 Nobel Prize in economics for his research using information asymmetry.  ( 23 min )

Many merchants accept payment in cryptocurrency but which type is best for financial transactions?  ( 24 min )

Arbitrage is buying a security in one market and simultaneously selling it in another at a higher price, profiting from the temporary difference in prices.  ( 22 min )

There are a variety of options to consider when rolling over your 401(k) account into an IRA. Learn how to preserve your tax benefits and avoid any penalties.  ( 32 min )

Roku stock got a big boost after the company's revenue climbed by 20% and active accounts reached an all-time high.  ( 17 min )

The loan-to-deposit ratio assesses a bank's liquidity by comparing a bank's total loans to its total deposits for the same period.  ( 25 min )

U.S. equities posted strong gains at midday on Thursday, Nov. 2, 2023 amid enthusiasm that the Federal Reserve may not raise interest rates to fight inflation any more this year.  ( 17 min )

You can invest in both a traditional IRA and Roth IRA if you're eligible and your total contribution doesn't exceed the annual IRS limits.  ( 25 min )

The Mumbai Interbank Forward Offer Rate (MIFOR) is a rate that Indian banks use to set prices on forward-rate agreements and derivatives.  ( 24 min )

Our complete guide to rebalancing your portfolio will make sure that you maintain your strategy and maximize your returns.  ( 44 min )

IRAs have certain tax advantages that help you boost your retirement savings, but there are annual limits on how much you can contribute, depending on your age and income.  ( 28 min )

Roger B. Myerson is an American economist and was awarded the 2007 Nobel Memorial Prize in Economic Sciences.  ( 22 min )

ConocoPhillips reached an all-time high production level in line with company forecasts, as climbing oil prices helped to boost performance in the third quarter.  ( 19 min )

PayPal shares gained as the payment system provider reported better-than-expected results, raised its outlook, and its new CEO promised to cut costs.  ( 17 min )

Meta could take a hit to ad sales and risk being fined as much as 4% of its global turnover as European authorities move to ban it from showing targeted ads to European users on its social media platforms.  ( 17 min )

Qualcomm shares jumped after reporting profit and sales beat estimates and posting better-than-expected guidance on rising demand for mobile phones.  ( 17 min )

Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 23 min )

You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )

Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 22 min )

There are 574 federally recognized tribes in the United States. Here is the breakdown of some of the biggest groups.  ( 41 min )

Rates fell for a second day in a row, dropping the 30-year average to its lowest point in almost three weeks. Averages for most other loan types also declined.  ( 19 min )

Native American-owned financial institutions may be few in number, but they can provide a lifeline to frequently underserved communities.  ( 46 min )

Deciding between outsourcing and vertical integration can be challenging. Understand the benefits of each to make the most effective business decision.  ( 24 min )

Relatively straightforward, the concept of CAGR requires three primary inputs: an investment's beginning value, its ending value and the time period.  ( 23 min )

Personally identifiable information (PII) is information that, when used alone or with other relevant data, can identify an individual.  ( 28 min )

Return on invested capital (ROIC) is a way to assess a company's efficiency at allocating the capital under its control to profitable investments.  ( 26 min )

Cost of capital is a calculation of the minimum return a company would need to justify a capital budgeting project, such as building a new factory.  ( 27 min )

A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt, or that assesses the ability of a company to meet financial obligations.  ( 30 min )

The standard error is the standard deviation of a sample population. It measures the accuracy with which a sample represents a population.  ( 24 min )

The Monte Carlo simulation is used to model the probability of different outcomes in a process that cannot easily be predicted.  ( 28 min )

Large language models use artificial intelligence (AI) technology to understand and generate language that is natural and human-sounding. Learn how large language models work and the different ways in which they’re used.  ( 27 min )

There's no limit to the number of times you can refinance a car loan, but is it always a smart idea to do so? Here’s how to know if it makes financial sense.  ( 25 min )

Starbucks shares surged more than 10% in early trading Thursday after the company posted better-than-expected earnings for its fiscal fourth quarter, as U.S. consumers continued to splurge on coffee and beverages despite higher menu prices.  ( 18 min )

Understand the current contribution limits for designated Roth 401(k) accounts, including additional allowable payments for those nearing retirement.  ( 25 min )

Starbucks shares rose after reporting an 8% year-over-year jump in global sales and amusement park operators Six Flags and Cedar Fair agreed to a $2 billion merger. Here’s what investors need to know today.  ( 18 min )

Knowing the role of a portfolio manager is just one step to acing the job interview questions. Make sure to read up on the position before that crucial meeting.  ( 20 min )

Financial advisors and money managers must do a detailed risk assessment regarding each client before they can recommend a course of action.  ( 22 min )

An inside director is a board member who is an employee, officer, or direct stakeholder in the company.  ( 21 min )

The tax advantages of a 401(k) retirement plan explained, including how contributing to a plan can help create a bigger nest egg in the long run.  ( 25 min )

If you are no longer working with the employer that established your 403(b) account, you can roll over your 403(b) balance into a traditional IRA.  ( 23 min )

De beroemde klimaatwetenschapper James Hansen denkt dat de aarde nog sneller opwarmt dan tot nu toe werd aangenomen. De grens van 1,5 graden opwarming wordt nog voor 2030 doorbroken, voorspelt hij in een donderdag verschenen studie.  ( 13 min )

VDL Nedcar in Born schrapt in maart 2024 nog eens tweeduizend banen, ruim drie kwart van het totaal. De autofabriek heeft niet voldoende werk meer voor het personeel. Deze maand gingen er al vijftienhonderd medewerkers uit.  ( 9 min )

Zorg en Zekerheid verhoogt de premie van de basisverzekering in 2024 met 5,7 procent. Die stijgt van 139,95 naar bijna 147,95 euro per maand. Oorzaken zijn de inflatie en hogere zorgsalarissen.  ( 9 min )

De NS schrapt plannen om prijzen van treinkaartjes omhoog te gooien tijden de spits en te verlagen op rustige momenten. Dat laat NS-topman Wouter Koolmees weten. Hij ziet dat er geen draagvlak is.  ( 9 min )

Inspectiedienst ILT heeft ruim 40 procent van het vuurwerk dat ze hebben getest afgekeurd. Vooral fonteinen voldeden niet aan de regels. De bedrijven moeten dit vuurwerk zo snel mogelijk van de markt halen. ILT wil dat afdwingen met dwangsommen.  ( 8 min )

Luchtvaartmaatschappij JetBlue verliest komend jaar de start- en landingsrechten op Schiphol. Dat is duidelijk geworden bij de nieuwe verdeling van deze slots. In een voorschot op dit besluit riep JetBlue al op om KLM te weren in New York.  ( 8 min )

Verzekeraars hebben vorig jaar ruim tienduizend mensen betrapt bij een poging fraude te plegen. Daarmee hebben ze naar eigen zeggen ruim 80 miljoen euro aan fraude voorkomen.  ( 8 min )

KLM schrapt donderdag vanaf het begin van de middag alle aankomende en vertrekkende vluchten vanwege de storm Ciarán die dan over het land raast.  ( 11 min )

Shell heeft in het derde kwartaal geprofiteerd van hogere olieprijzen, terwijl het ook de productie van olie wist op te schroeven. Mede daardoor kwam de winst bij het energieconcern uit op 6,2 miljard dollar (ruim 5,8 miljard euro).  ( 8 min )

Vanaf 12 december ga je 4,99 euro per maand betalen voor het Amazon Prime-abonnement. Nu kost de dienst 2,99 euro per maand. Prime geeft onder andere toegang tot een streamingvideodienst en gratis bezorging van Amazon-bestellingen.  ( 8 min )

De Duitse regering blijft burgers en bedrijven helpen met het betalen van de vorig jaar sterk gestegen energierekening. Zo blijft het prijsplafond langer van kracht en krijgen beheerders van het stroomnet miljardensubsidies.  ( 8 min )

ING, de grootste bank van ons land, zette in het derde kwartaal een winst in de boeken van 1,98 miljard euro. Dit kwam volgens de bank mede door goede resultaten van het rentebeleid.  ( 8 min )

The combined Six Flags and Cedar Fair company will be worth $8 billion, becoming one of the biggest theme park operators in the Americas.  ( 1 min )

Shares of payments provider Affirm jumped more than 19% after expanding its partnership with Amazon to offer buy now, pay later (BNPL) services to the e-commerce giant's business-to-business (B2B) clients.  ( 1 min )

Shopify's gross merchandise volume soared, helping the e-commerce site post better-than-expected quarterly results  ( 1 min )

Meta could take a hit to ad sales and risk being fined as much as 4% of its global turnover as European authorities move to ban it from showing targeted ads to European users on its social media platforms.  ( 1 min )

Starbucks shares surged more than 10% in early trading Thursday after the company posted better-than-expected earnings for its fiscal fourth quarter, as U.S. consumers continued to splurge on coffee and beverages despite higher menu prices.  ( 1 min )

Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 1 min )

The economy is presenting us with a mixed picture lately. The jobs numbers are showing underlying strength, but inflation remains sticky, and the Fed, in response, has committed itself to a policy of high-interest rates and monetary tightening. Consumer spending is still strong, but savings rates and credit availability are both down. And with an election just one year away and geopolitical crises flashing hotter every day, the only certainty is uncertainty. For David Kostin, chief US equity str  ( 37 min )

A federal jury’s $1.8 billion verdict could result in lower costs of buying and selling a home.  ( 32 min )

Energy Transfer reported third quarter 2023 earnings that slightly missed Wall Street expectations, even as natural gas liquids (NGL) and crude transportation volumes hit a company record. Energy Transfer's third quarter 2023 adjusted earnings of $0.33 per share were just under the $0.34 per share expected by analysts, according to LSEG data. Energy Transfer's adjusted earnings before interest, taxes, depreciation and amortization in the quarter were $3.54 billion, compared with $3.09 billion last year.  ( 33 min )

The best CD rates are already at 20-year highs, paying up to 6.50%. But will these historically high returns climb even higher? Here's what we learned today from the Fed.  ( 21 min )

Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown of the central bank's still-massive balance sheet. While shrinking Fed holdings may have a small impact on real world borrowing costs, "I think it’s hard to make a case that reserves are even close to scarce at this point." Powell spoke on the state of the central bank's holdings of cash and bonds after a meeting in which officials again held their overnight interest rate target range steady at between 5.25% and 5.5%, the same level it's been since the end of July.  ( 33 min )

Homeowners are growing more reluctant to sell their houses—and it’s not just the “lock-in” effect of today’s high mortgage rates keeping them there, a recent poll found.  ( 21 min )

SolarEdge had trimmed its third-quarter revenue expectations last month due to high inventories and a slowdown in installation which led to substantial cancellations and backlog clearing from its European distributors in the quarter. SolarEdge forecast adjusted gross margin in the range of 5% to 8% for the fourth quarter. Peer Enphase had also forecast a weak fourth- quarter revenue.  ( 33 min )

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Energy Transfer's adjusted earnings before interest, taxes, depreciation and amortization in the quarter were $3.54 billion, compared with $3.09 billion last year, the company said. NGL transportation volumes were up 14%, a record for the company, while crude transportation volumes gained 23%, also a record, the company said. The company's NGL exports were up more than 20%, another record.  ( 33 min )

Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the chipmaker's third quarter earnings beat analysts' expectations and said it expects to sell $2 billion in AI-powered chips next year.  ( 20 min )

(Bloomberg) -- MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, posted a third-quarter loss after taking a writedown because of a decline in the value of the cryptocurrency. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: US Says the First of Its Citizens Depart GazaIsrael Latest: Blinken Returning to Israel; Refugee Camp HitMarke  ( 34 min )

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It also named Jamie Miller as its new chief financial officer. Consumer spending has shown remarkable strength this year, with analysts expecting the cheer to extend to the holidays, as companies dangle steep discounts on everything from electronics to clothing to entice inflation-weary shoppers. Online sales during the U.S. holiday season, which includes some of the biggest shopping days such as Cyber Monday, Thanksgiving and Black Friday, are expected to rise 4.8% from a year earlier, a report from Adobe Analytics showed in October.  ( 33 min )

A series of court challenges seek to upend longstanding real estate industry practices that determine the commissions agents receive on the sale of a home — and who foots the bill. A federal jury in one of those cases on Tuesday ordered the National Association of Realtors along with some of the nation's biggest real estate brokerages to pay almost $1.8 billion in damages, after finding they artificially inflated commissions paid to real estate agents. The class-action lawsuit was filed in 2019 on behalf of 500,000 home sellers in Missouri and some border towns.  ( 35 min )

Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after revenue grew across markets, especially in Brazil. "We had another super solid quarter," Andre Chaves, senior vice president of strategy and corporate development, told journalists, highlighting the acceleration of revenue growth in e-commerce and the firm's fintech arm in its major markets. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year.  ( 33 min )

In a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,  ( 44 min )

Paramount will report quarterly earnings after the bell on Thursday. Here's what to expect.  ( 35 min )

Financial advisors weigh in with their best ideas for investing $100,000 of fun money right now.  ( 22 min )

(Bloomberg) -- Texas added five financial firms to its list of companies it says “boycott” the oil and gas industry, state Comptroller Glenn Hegar said in a release Wednesday. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Marke  ( 32 min )

Retirement plan contribution limits are among several values that the agency, by law, has to adjust every year to account for changes in the cost of living, so you can thank inflation for the increase.  ( 17 min )

Oil prices plunged after word spread that the U.S. government plans to draw a record amount of oil from its emergency supplies.  ( 19 min )

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Most workers will be able to put up to $23,000 into their 401(k)s and similar workplace retirement plans and up to $7,000 into an individual retirement account, the IRS said.  ( 27 min )

TRMD, DECPF, DSX, and SJT are at the top of the list for forward dividend yield  ( 21 min )

On October 30th, Tesla Inc (NASDAQ: TSLA) rival, BYD Company Limited (OTC: BYDDY), reported its highest ever quarterly profit for its third quarter. BYD shares are up 1.7% this month, outperforming Tesla whose stock took a 17% dive and declines in other peers as well. By reporting a growth slowdown, a warning was sent to all EV makers but BYD defied its trend with its latest quarter, showing it preserved its domestic market leadership despite softer demand and intensified competition in China. B  ( 34 min )

Here's how the Fed's pause on raising interest rates would affect savings products, various types of loans and credit cards.  ( 35 min )

In a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,  ( 42 min )

The Federal Reserve is expected to keep interest rates unchanged when it announces its latest policy decision on Wednesday afternoon.  ( 35 min )

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Berkshire Hathaway has minority stakes in five Japanese holding companies that have yielded more than 90% returns over three years.  ( 34 min )

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Toyota reported strong third-quarter operating profit. It's now a leader among peers.  ( 30 min )

Investors love dividend increases for two reasons. The first is obvious: Dividend increases put more money in their pockets in future quarters. The second is that dividend increases are the company's way of expressing confidence in its ability to continue maintaining or growing earnings going forward. But the icing on the cake for investors is when a company simultaneously announces earnings that beat analyst estimates and a dividend increase. Take a look at three real estate investment trusts (  ( 35 min )

"These were hard but necessary steps to ensure Schwab remains highly competitive," the spokesperson said in an emailed statement. Banking heavyweights including Goldman Sachs and Morgan Stanley have joined the rest of Corporate America in cutting jobs and costs to better position themselves for a murky economic climate. In August, Charles Schwab disclosed plans to save $500 million by cost-saving measures and said at the time it would cut jobs, without disclosing the number of employees it was going to lay off.  ( 33 min )

Warren Buffett’s unexpected decision to invest in Japan during the 2020 pandemic seems to have paid off, and no one appears more pleased than Berkshire Hathaway Inc. Vice Chairman Charlie Munger. The strategy was a departure from the company’s well-known preference for American enterprises like Apple Inc., the Coca-Cola Co., Bank of America Corp. and American Express Co. The company’s portfolio has often been a testament to its confidence in the U.S. market. Speaking on the Acquired podcast in O  ( 35 min )

I Bonds haven't had a fixed rate above 1% since 2007 but they do now. What's the new interest rate for I Bonds bought from November through April?  ( 33 min )

Paycom missed profit and sales estimates, and its guidance was also short of forecasts, as customers switched to an automated system that Paycom said ate into other sources of revenue.  ( 17 min )

"We value our employees and their contributions, and we show it by offering robust compensation packages that we continually review to ensure that we remain competitive within the automotive industry,” said Toyota Motor North America executive vice president Chris Reynolds in a statement.  ( 32 min )

What should investors make of this year’s third-quarter earnings? The Q3 results have been pretty good, with 78% of companies reporting so far beating the forecasts, but stocks are still feeling pressure. One obvious sign of that pressure: the S&P 500 this week hit its lowest point since last May, and is just shy of correction territory. The effect is most clearly seen in the ‘Magnificent Seven,’ a group of Big Tech giants whose gains earlier in the year carried the markets generally – but which  ( 37 min )

A new CFO is coming on board as the company tries to recharge growth in its core payments business.  ( 26 min )

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Shares of Vans owner VF Corp. keep skidding. The stock was recently down more than 6% in Wednesday trading, extending a nearly 14% drop yesterday.  ( 23 min )

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Shares in Orsted fell more than 20% after the Danish renewable-energy company said it would book some $4 billion of impairment charges and halt the development of two wind farm projects in the U.S. [amid spiraling costs](https://www.wsj.com/business/energy-oil/americas-offshore-wind-ambitions-are-co  ( 25 min )

It’s an ugly morning for Paycom Software shareholders. The payroll and human resources technology company is down 37% Wednesday morning after reporting third-quarter results. The stock is the worst performer in the S&P 500 and is on pace for its worst day on record. Paycom said on a conference cal  ( 24 min )

The stocks that drove the 2023 market rally aren't moving in unison anymore, which could prevent rally in the major indexes to end the year.  ( 36 min )

Investors are laser-focused on the Fed policy statement and Chair Jerome Powell's comments for clues to how interest rates will evolve.  ( 35 min )

Fourth-quarter guidance from Paycom, the provider of cloud-based human capital management software, was below analysts’ estimates.  ( 20 min )

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The Treasury said it plans to increase the size of its two-year and five-year auctions by $3 billion per month, and to increase the size of its 3-year and 7-year auctions by $2 billion and $1 billion per month, respectively. The 20-year bond auction sizes will remain unchanged. The Treasury will also increase the size of its two-year floating rate note new issue and reopenings by $2 billion.  ( 32 min )

Nokia owns about 20,000 patents, some of which concern tech used by Amazon and HP in streaming and video devices.  ( 34 min )

SunPower now expects to post a fiscal 2023 net loss of between $175 million and $165 million.  ( 19 min )

Investors are laser-focused on the Fed policy statement and Chair Jerome Powell's comments for clues to how interest rates will evolve.  ( 34 min )

CVS revises lower its guidance range for diluted GAAP earnings per share for the third straight quarter.  ( 20 min )

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Stan Druckenmiller says a long-held belief that the stock market will always go up in the long term may no longer be the case.  ( 33 min )

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(Bloomberg) -- MicroStrategy Inc. Chairman Michael Saylor’s strategy of buying Bitcoin may be coming into question as the advent of exchange-traded funds holding the largest cryptocurrency appears imminent. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Game Unit Cut 8%  ( 34 min )

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Estee Lauder cut its annual profit on Wednesday as the MAC lipstick maker struggles with a slower-than-anticipated recovery in its Asia travel retail business. The company now expects full-year 2024 adjusted profit per share between $2.17 and $2.42, compared with its prior forecast of $3.50 to $3.75.  ( 32 min )

The three Chinese electric-vehicle makers deliver more than 76,000 units in October.  ( 27 min )

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(Bloomberg) -- Investors still harboring bullish hopes for PayPal Holdings Inc. are looking for a catalyst in the firm’s first earnings report under its new CEO on Wednesday afternoon.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitReal Estate Industry Takes Fresh Hit With Verdict on CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Game Unit Cut 8% of Staff After ‘Destin  ( 35 min )

CVS Health Corp beat Wall Street estimates for quarterly profit on Wednesday as strength in its drugstores and pharmacy benefit management business offset higher-than-expected medical costs at its insurance unit. The company operates one of the largest U.S. PBMs, CVS Caremark, which negotiates drug prices between insurers and manufacturers. The health services business, under which CVS operates the PBM, recorded an 8% growth in revenue to $46.89 billion in the third quarter, partly driven by growth in specialty pharmacy, which provides drugs for complex conditions like arthritis and cancer, as well as increased prices of branded drugs, the company said.  ( 33 min )

This ‘crucial milestone’ that signifies financial stability will be lost on new homeowners for more than a decade.  ( 36 min )

The Fed is widely expected to keep interest rates unchanged but investors will focus on Fed Chair Jerome Powell's conference at 1430 ET (1830 GMT) after the statement to gauge how long the central bank could keep rates elevated. "We know that Jerome Powell won't call the end of the policy tightening after seeing a blowout growth data," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank, referring to a robust third-quarter U.S. gross domestic product (GDP) report.  ( 34 min )

After markets closed on Tuesday, the company said it was expecting fourth-quarter revenue in the range of $420 million to $425 million, compared with analysts' average estimate of $452.3 million, according to LSEG data. Paycom's competitor Ceridian HCM Holding's shares also lost 4% in premarket trading.  ( 33 min )

(Bloomberg) -- Shares in Asia traded broadly higher ahead of Wednesday’s Federal Reserve decision. The yen strengthened from near its weakest level this year after Japan’s foreign exchange chief said he was on standby for intervention. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed Houthis  ( 35 min )

Orsted booked a $4 billion impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.  ( 29 min )